Zorgverzekeraar DSW verhoogt de zorgpremie voor 2024 met 11,50 euro naar 149 euro per maand. Deze eerste zorgpremie zet doorgaans de toon voor andere zorgverzekeraars. De grootste premiestijging sinds 2006 komt volgens DSW door hogere lonen, inflatie en extra zorgvraag.
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Zorgverzekeraar DSW verhoogt de zorgpremie voor 2024 met 11,50 euro naar 149 euro per maand. Deze eerste zorgpremie zet doorgaans de toon voor andere zorgverzekeraars. De grootste premiestijging sinds 2006 komt volgens DSW door hogere lonen, inflatie en extra zorgvraag.
( 6
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Apple-directeur Tim Cook bracht maandag in het geheim een bezoek aan chipmaker NXP in Eindhoven. NU.nl was erbij. De bijeenkomst ging onder meer over de toekomst van NFC-chips, het belang van Europa voor Apple en de klimaatdoelen van het bedrijf.
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The Detroit automaker is changing its strategy after China EV sales suffered from marketing and sales missteps.
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After a volatile end to the summer, can investors look forward to a gentler autumn? There is some reason to hope so, according to Sharmin Mossavar-Rahmani, chief investment officer of wealth management at Goldman Sachs. This year, as the S&P 500 rebounded from the 19% loss it sustained in 2022, Mossavar-Rahmani has seen her bullish position vindicated, and she believes recent earnings trends and the receding probability of a recession promise further gains to come. In an interview with Barron’s,
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A basing point pricing system requires buyers to pay a base price, plus a set shipping fee depending on their distance from a specific location.
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Learn what you need to do to turn your property into a rental property.
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The add to cash value option is a life insurance feature that allows dividends to be reinvested into the policy's cash value.
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Ford's decision to pause construction on an EV battery plant will reverberate throughout the U.S. auto industry.
( 22
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Where the boom fueled expansion of biotech real estate in the Bay Area as developers looked to book up-and-coming companies, a protracted bust has underscored that scientific data select their own winners and losers. Here's the latest example in South City.
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A German court ruled that Netflix is infringing on a Broadcom patent in the country and has ordered the company to stop streaming video in the country using Broadcom's technology.
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HSBC analysts initiated coverage of hydrogen technology stocks Plug Power, Bloom Energy, and Chart industries at Buy.
( 22
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Republicans in Congress have been probing Ford's battery plant in Michigan using technology from CATL, the world's largest battery maker. "We are pausing work and limiting spending on construction on the Marshall project until we’re confident about our ability to competitively operate the plant," Ford said Monday.
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At age 99, Charlie Munger, vice chairman of Berkshire Hathaway Inc. and a Daily Journal board member, is a man many are eager to listen to. People tend to hang on to his every word like gospel. His decades of experience in investing, governance and law have given him a unique perspective on business and life, making his insights invaluable to anyone seeking wisdom. Don’t Miss: Goldman Sachs says: Portfolio(s) with a slice of real assets [like art] performed even better than the 60/40 over the lo
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Berkshire Hathaway's HP stake has plunged in value from $5.5 billion to about $3 billion, reflecting its share sales and a 35% drop in the stock.
( 32
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Chipotle, Draftkings, Lam Research and eight other stocks may be underappreciated by investors, according to a screen run by Citi analysts.
( 22
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(Bloomberg) -- The largest long-dated bond ETF is suffering its biggest drawdown on record as the Federal Reserve’s higher-for-longer interest rates start to sting. Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesIndia-Canada Clash Should Be a Wake-Up CallStocks Edge Up, Bonds Sink as Fed Talk Digested: Markets WrapChinese Gold Buying Is Driving a Paradigm Shift in BullionStudios’ Labor Focus Shifts to Actors With Writers Deal ClinchedThe $39
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The three-person team joins J.P. Morgan Private Bank in Seattle.
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Honeywell is investing in ESS Tech, an iron flow battery company that can provide backup power storage for utilities.
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The labor strikes that have crippled Hollywood for the last five months may finally be coming to an end. Some investors aren’t clapping.
A tentative deal between the
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Borrowers are feeling the financial strain.
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The U.S. stock market already showed solid gains in 2023, with the S&P 500 climbing 13%. While momentum seems to have slowed as stocks pulled back recently, Bank of America believes there's more upside on the horizon. On Sept. 20, the bank raised its year-end price target on the S&P 500 from 4,300 to 4,600. Considering that the benchmark index currently sits at 4,320, the new target implies a potential upside of 6.5%. Don’t Miss: Passive income investments are one of the most trusted methods for
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An 85-year-old Indiana-based trucking and logistics company and its affiliates recently filed for Chapter 11 bankruptcy protection less than nine months after it was acquired by private-equity firm Transport Acquisitions. The post 85-year-old Indiana trucking company files for Chapter 11 appeared first on FreightWaves.
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The UAW has highlighted executive pay raises at the Big Three. By one measure—the ratio of the CEO’s pay to the median worker’s—automakers have a wider pay gap than most large companies.
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One terminal of trucking giant Werner filed to join the Teamsters union. Teamsters said key organizers were terminated afterward. The post Werner subsidiary fires 4 truck drivers after union petition filing appeared first on FreightWaves.
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While no one has a definitive answer to the question “How long will you live?”, coming up with an educated, realistic estimate goes a long way toward building a retirement plan that assures income security. Unfortunately, most U.S. adults lack what a new survey calls “longevity literacy,” a deficiency that can be a major retirement planning […] The post How Long Will You Live? Most People Don’t Account for This Retirement Data appeared first on SmartReads by SmartAsset.
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The U.S. stock market showed impressive gains in 2023, and the latest gross domestic product (GDP) figure exceeded expectations. But according to "Rich Dad Poor Dad" author Robert Kiyosaki, the picture might not be as rosy as it appears. "Don't they know the stock market is up because Biden raised debt ceiling. America's debt is going up ... so stock market going up," he wrote in a recent tweet. "America is broke." The author's concern about America's escalating debt was echoed by Fitch Ratings.
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A 529 Rollover to a Roth IRA is a financial strategy where an individual transfers funds from a 529 college savings plan, designed to pay for educational expenses, into a Roth IRA. This is a retirement savings account that offers tax-free growth and withdrawals. While it might be a good opportunity to transfer leftover 529 […] The post Pros and Cons of a 529 Rollover to a Roth IRA appeared first on SmartReads by SmartAsset.
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Forecasts for deliveries in the third quarter are due in a few days. Expectations have been falling, but the number still might miss the Wall Street consensus.
( 22
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In the absence of crypto-native catalysts, traders are likely to focus on the same macroeconomic data releases this week that will move the stock market.
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Guggenheim analyst John DiFucci upgraded shares of Microsoft to Neutral from Sell.
( 22
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Huawei is out to prove it is in the vanguard of Beijing’s drive for self-reliance in technology.
( 29
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Almost three-quarters of all seaborne Russian crude oil managed to get shipped without Western insurance in August, per a Financial Times analysis.
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(Bloomberg) -- Hedge fund managers are piling into short positions in ESG stocks as they hunt for bogus green claims and valuations inflated by record stimulus.Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesChinese Gold Buying Is Driving a Paradigm Shift in BullionIndia-Canada Clash Should Be a Wakeup CallBonds Resume Selloff as Hawkish Fed Talk Sinks In: Markets WrapHollywood Screenwriters Reach Tentative Deal to End StrikeBloated prices ca
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Channel 4's chief exec blames social media and the pandemic for Gen Z’s deficiency in essential workplace diplomacy.
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(Bloomberg) -- Amazon.com Inc. will invest as much as $4 billion in Anthropic, bagging a crucial partner in its effort to become a major player in generative artificial intelligence and offering a vote of confidence in the hot startup.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionIndia-Canada Clash Should Be a Wakeup CallIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesWells Fargo Preps for Wealth Battle After $1 Billion Turnaround
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(Bloomberg) -- Microsoft Corp lost its only sell rating on Monday as Guggenheim upgraded its view on the software giant to neutral, citing a tailwind from generative artificial intelligence.Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesChinese Gold Buying Is Driving a Paradigm Shift in BullionIndia-Canada Clash Should Be a Wakeup CallHollywood Screenwriters Reach Tentative Deal to End StrikeStocks Fall as German Yield Climbs to 2011 High: M
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The complaints come after investors switched following Schwab’s acquisition.
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“I knew more than anyone else about insurance risks,” Rowan recalls of his first foray into the industry. His understanding of the market led him to marry the firm he founded to a profitable insurer.
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P&G hit back against criticism from a group of shareholders behind a "vote no" campaign against the reelection of the company’s leaders, including CEO and Chairman Jon Moeller.
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Are you a thriving star, committed and reliable, or mildly disengaged? Here's the breakdown of the employee disengagement spectrum as RTO season kicks off.
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Investors in the shares of Chinese property companies just can't catch a break.
China Evergrande Group gave them more bad news to digest last week, when it [scrapped a debt restructuring deal](https://www.wsj.com/articles/evergrande-scraps-35-billion-restructuring-plan-as-chinas-housing-crisis-inte
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The U.S. securities regulator has collected thousands of staff messages from more than a dozen major investment companies, escalating its probe into Wall Street's use of private messaging apps, said four people with direct knowledge of the matter. Previously, the Securities and Exchange Commission (SEC) had asked the companies to internally review the messages in its investigation of Wall Street's use of WhatsApp, Signal and other unapproved messaging apps to discuss work. While Reuters and other media have reported that the SEC's "off-channel" communication probe has expanded to investment advisers, its move to review thousands of their staff messages has not previously been reported.
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It's a now-familiar dance: Federal Reserve officials signal to the world that interest rates are not dropping anytime soon. Financial markets respond with bets to the contrary. Forecasts published on Wednesday by the U.S. central bank showed that a majority of its policymakers see the Fed's benchmark overnight interest rate ending this year at 5.6%, which implies one more interest rate hike in the next three months.
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Wall Street doubts Google will pull its business, but the stock’s big run has made the chip maker more sensitive to market fears.
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Options are derivatives that give the purchaser the right to buy or sell the underlying at a pre-determined price at a later date. Quarterly options settlements are closely watched by traders.
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↗️ Warner Bros. Discovery (WBD), Paramount Global (PARA), Walt Disney (DIS): Shares of entertainment companies rose premarket after writers, stud
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A relentless climb brings the 10-year Treasury note’s yield near 4.5%.
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(Bloomberg) -- Consumer stocks, one of the brightest corners of the market this year, are about to lose their shine as risks build for the sector, according to Morgan Stanley’s Michael Wilson.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesIndia-Canada Clash Should Be a Wakeup CallWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundHollywood Screenwriters Reach Tentative Dea
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Canadian labor union Unifor announced Sunday its members voted to ratify a three-year contract with Ford Motor, which includes gains in wages and pension plans.
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Media stocks rise as striking writers reached a tentative agreement with Hollywood studios that would end a monthslong strike, while Amazon will be investing up to $4 billion in artificial-intelligence company Anthropic.
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Authorities in China have ordered a senior Nomura Holdings banker overseeing the firm's investment banking operations there not to leave the mainland, two sources with knowledge of the matter said. Charles Wang Zhonghe, China investment banking chairman at Nomura, is prohibited from travelling outside the mainland, said the sources, who sought anonymity as they were not authorised to speak to media. Wang was based in Hong Kong, his LinkedIn profile showed, though his nationality was not immediately known.
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The deal, which includes a broad partnership, follows Microsoft’s multibillion-dollar stake in rival startup OpenAI.
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The S&P Semiconductors Select Industry Index has topped both price-wise and on a relative basis. That bodes poorly for the sector.
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The exchange has been seeking to ensure that it can make money no matter what happens in the world of cryptocurrencies.
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min )
(Bloomberg) -- Overseas investors continue to shun Philippine equities, unloading more than $370 million in a 24-day selling streak that helped sink the Philippine Stock Exchange Index to a 3.5% slump, the worst in Southeast Asia. Withdrawals in the five-week period through Friday pushed this year’s outflow to more than $552 million.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionIndia-Canada Clash Should Be a Wakeup CallWells Fargo Preps for Wealth Battle After
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Global markets have been feeling the heat as U.S. bond yields surged and a strengthened dollar hit a six-month high following the Federal Reserve's hawkish tone last week. The Federal Reserve indicated that rates would be higher for longer, while its counterparts in Britain, Switzerland and Japan were surprisingly dovish. The euro zone central bank also struck a relatively dovish tone.
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Oil’s rise has inspired fresh fears from Washington to Wall Street that energy could throw off central bankers’ attempted soft landing of the American economy.
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(Bloomberg) -- Chinese property shares dived Monday, as sentiment took a hit after distressed developer China Evergrande Group scrapped its key creditor meetings at the last minute and said it must revisit its restructuring plan.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionStocks Flash Recession Warning as Trouble Spreads to IndustrialsWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundIndia-Canada Clash Should Be a Wakeup CallBond Market Faces Qu
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Shares in Asia were mostly lower on Monday, with Tokyo the only major regional market to advance, after Wall Street wheezed to more losses with its worst week in six months. U.S. futures and oil prices edged higher. Worries over China’s property sector, a U.S. government shutdown and the continued strike by American autoworkers were weighing on investor sentiment.
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China Evergrande’s shares fell after the property developer scrapped a $35 billion debt-restructuring plan and said it is unable to issue new debt.
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(Bloomberg) -- China Evergrande Group is running out of time to get what would be one of the nation’s biggest-ever restructurings back on track, after setbacks in recent days that raise the risk of liquidation.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionStocks Flash Recession Warning as Trouble Spreads to IndustrialsWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundIndia-Canada Clash Should Be a Wakeup CallBond Market Faces Quandary After Fed Si
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(Bloomberg) -- Oil climbed for a second day as hedge funds piled on bets that tightening supplies will see a resumption of the rally after a pause last week.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionStocks Flash Recession Warning as Trouble Spreads to IndustrialsWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundBond Market Faces Quandary After Fed Signals It’s Almost DoneUS to Keep a Distance From India-Canada Dispute, Signum’s Myers SaysWest
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Bitcoin fell Monday morning in Asia to trade below US$26,300. Ether also dipped and remained below the US$1,600 mark. All top 10 non-stablecoin tokens dropped.
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(Bloomberg) -- Asian equities were poised for a cautious open while the dollar traded in narrow ranges versus its major peers early Monday as investors weighed the Federal Reserve’s higher-for-longer stance.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundStocks Flash Recession Warning as Trouble Spreads to IndustrialsBond Market Faces Quandary After Fed Signals It’s Almost DoneUS to Keep a Distance F
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No-load life insurance is an option where no commission is paid for initiating or servicing the policy.
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min )
With I bond rates now much lower and cash-outs possible after one year, it's a smart time to move your money into one of today's historically high-paying CDs.
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A PLUS loan is a federal loan for higher education, available to parents of undergraduates and also to graduate and professional students.
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Today's best CD rates are 5.80% from Credit Human for a take-your-pick term between 12 and 17 months, and 5.76% from TotalDirectBank for a 6-month CD term.
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The S&P 500 snapped a four-day losing streak to finish 0.4% higher on Monday, Sept. 25, 2023 as oil prices fell below $90 a barrel, and ahead of a key inflation report due later in the week.
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min )
The International Securities Association for Institutional Trade Communication (ISITC) is an organization promoting greater financial market efficiency.
( 19
min )
Denmark’s Novo Nordisk struck a deal with U.S.-based health tech firm Valo Health to use AI to discover and develop treatments for cardiometabolic diseases such as heart attack, stroke, and diabetes.
( 17
min )
A German court ruled that Netflix is infringing on a Broadcom patent in the country and has ordered the company to stop streaming video in the country using Broadcom's technology.
( 16
min )
Diana Henriques, author of the new book, Taming the Street: The Old Guard, The New Deal, and FDR's Fight to Save American Capitalism, joins the show to talk about how President Franklin Delano Roosevelt and a small group of men revolutionized Wall Street after the crash of 1929.
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Higher oil prices likely won't cause consumer spending and gross domestic product (GDP) to decline, Goldman Sachs analysts said in a research note, and not all analysts expect oil prices to remain high.
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min )
Life expectancy is defined as the age to which a person is expected to live, or the remaining number of years a person is expected to live.
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Experts debate the effects raising the minimum wage has on workers, employers, and the overall job market.
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An inverse head and shoulders, also called a head and shoulders bottom or a reverse head and shoulders, is inverted with the head and shoulders top used to predict reversals in downtrends.
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Ford's deal with Canada's Unifor could add pressure on the Big Three automakers in ongoing negotiations with the striking United Auto Workers union in the U.S.
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min )
Cash awards are awards given to employees in the form of money or another asset, such as stock, that can be turned in for cash.
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Cash wages are compensation for employees that come in the form of spendable money.
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min )
An explanation of how traders can use the Commodity Channel Index (CCI) to evaluate buy and sell signals based on price trends over various timeframes.
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Bank of America warned that the boom in revenue growth for luxury-goods retailers as pandemic restrictions eased is over.
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The income effect is the impact of higher purchasing power on consumption, while the substitution effect measures how consumption is affected by changing income and prices.
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U.S. equities were mixed at midday on Monday, Sept. 25, 2023, with bond yields rising while oil prices lost ground.
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Jefferies warned that sales for Nike and other retailers could be hurt as the moratorium on student loan repayments ends.
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min )
The securitization of mortgages into asset-backed securities fueled risk taking, and eventually brought Wall Street to its knees when the U.S. real estate bubble burst.
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Mean reversion is a financial theory positing that asset prices and historical returns eventually revert to their long-term mean or average level.
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Capitalism promotes free market conditions, whereas socialism incorporates certain elements of centralized economic planning.
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The U.S. Securities and Exchange Commission (SEC) on Monday fined DWS Securities, a subsidiary of Deutsche Bank (DB), a combined $25 million for misstatements regarding its ESG reporting and failure to set up an anti-money laundering program.
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min )
Repayment is the act of settling a debt according to a loan's terms. typically through recurring payments over a set period of time.
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Carlos Slim Helú is one of the richest people in the world. Here's how the business magnate did it.
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The Supreme Court blocked the Biden-Harris administration's one-time student loan forgiveness plan. Is loan forgiveness off the table? New relief plans give a new avenue.
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Looking to be a holistic provider of AI solutions, Amazon is investing $4 billion into a startup founded by former OpenAI employees.
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Booking Holdings said Monday it plans to appeal EU regulators' veto of its acquisition of Etraveli Group, a Swedish online travel agency that specializes in tracking flights.
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min )
Shares of major media companies fluctuated after Hollywood writers reached a tentative agreement with major studios, while actors continue to strike.
( 17
min )
In general, buying options is a less risky strategy than selling them -- although sellers can also take steps to mitigate their risk.
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Some electric car owners are now experiencing higher costs to power their vehicles than to fill up their gas-powered equivalents — if you calculate the costs a certain way.
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Most electric car owners charge their vehicles at home rather than at public charging stations. Here’s what you’ll pay for electricity and equipment.
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min )
Household income, as defined by the Census Bureau, is the total gross income of all people occupying the same housing unit who are 15 years and older.
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Home warranties are service contracts that act like insurance to help pay to repair or replace appliances or systems that break down in your home. Learn how they work.
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Life insurance premium financing lets high net worth individuals buy costly insurance without liquidating assets, but there are risks involved.
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min )
Find out how your life insurance policy can be a great tool for charitable giving.
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min )
Commercial health insurance is health insurance provided and administered by public and private companies rather than by the government.
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min )
There's a good chance you've heard of Fannie Mae but do you know what it does? Learn more about this government-sponsored enterprise and how it operates.
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min )
The Federal Funds Rate and the London Interbank Offered Rate (LIBOR) are two of the most prominently featured interest rates in the U.S. and abroad.
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min )
The physical notes or currency of a country that is used as a medium of exchange is known as paper money.
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min )
The Fisher College of Business is the business school at Ohio State University, located in Columbus, Ohio.
( 19
min )
The Robinson-Patman Act is a federal law passed in 1936 to outlaw price discrimination. It amends the 1914 Clayton Antitrust Act.
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min )
The Four Asian Tigers define the high-growth economies of Hong Kong, Singapore, South Korea, and Taiwan.
( 20
min )
The theory of price is an economic theory that states that the price of a good or service is based on the relationship between its supply and demand.
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Political lobbying is again at a heightened spend level, and again being criticized; making it important to remember lobbying's legality and importance.
( 22
min )
General Agreements to Borrow (GAB) was a lending medium offered through the International Monetary Fund by the Group of Ten countries.
( 21
min )
Ruim vier op de tien Nederlanders deden vorig jaar minimaal één keer vrijwilligerswerk. Dat aantal is nog altijd kleiner dan voor corona, toen bijna de helft van de Nederlanders zich weleens belangeloos inzette.
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min )
Air France-KLM heeft een overeenkomst gesloten voor de levering van vijftig nieuwe vliegtuigen van Airbus. Het gaat om het type A350, dat volgens KLM geldt als "het zuinigste en stilste model van zijn generatie".
( 3
min )
Netbeheerder TenneT heeft een raamovereenkomst getekend met een totaalwaarde van 1,9 miljard euro voor de levering van compensatiespoelen en vermogenstransformatoren aan Nederland en Duitsland. De spoelen en transformatoren zijn volgens TenneT nodig voor de optimalisatie en het onderhoud van het hoogspanningsnet.
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min )
Scrubbolletjes, rubberkorrels voor kunstgrasvelden en andere moedwillig toegevoegde zogeheten microplastics worden in de Europese Unie verboden. De Europese Commissie wil tegengaan dat de minuscule plasticdeeltjes in de natuur terechtkomen en de gezondheid van mens en dier schaden.
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min )
De NS wil reizigers tegemoetkomen met een compensatie als ze geen andere keuze hebben dan reizen tijdens de spits. De spitsheffing heeft niet als doel om meer geld in het laatje van de NS te brengen, benadrukt het spoorbedrijf.
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min )
Big Bazar krijgt van de rechter opnieuw niet meer tijd om afspraken te maken met schuldeisers. De advocaat van de keten gaat ervan uit dat dinsdag het faillissement wordt uitgesproken.
( 4
min )
LEGO schrapt een plan om legosteentjes te gaan maken van gerecyclede plastic flessen. In plaats daarvan wil de Deense speelgoedfabrikant ander materiaal zoeken om de CO2-uitstoot mee terug te dingen.
( 3
min )
Booking.com mag het Zweedse online reisbureau Etraveli niet overnemen. Dat maakte de Europese Commissie maandag bekend. De overname zou Booking te machtig maken.
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min )
Veel Amerikaanse overheidsdiensten dreigen over enkele dagen te moeten sluiten omdat er geen geld meer voor is. Om dit te voorkomen moet de politiek overeenstemming bereiken over het aangaan van nieuwe schulden, maar dat akkoord laat op zich wachten.
( 4
min )
De Consumentenbond stapt naar de rechter vanwege de beperkte geldigheid van de hotelvouchers van Fletcher Hotels. Ook is het bedrijf volgens de bond niet eerlijk over het aanbod en de verplichte kosten die bij een overnachting komen kijken.
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min )
Wie in de spits reist, betaalt in de toekomst mogelijk 2,50 euro extra voor zijn treinrit. Met deze spitsheffing, die alleen moet gelden op drukke trajecten, wil de NS reizigers stimuleren om op andere momenten te reizen.
( 4
min )
De opleiding tot rijleraar trekt een groot aantal zijinstromers die eerder in de horeca, sales of in een winkel werkten. Al die zijinstromers zijn zeer welkom, nu de vergrijzing onder rijinstructeurs toeslaat.
( 3
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Op NU.nl vind je elke dag een stelling die bij het nieuws past. Steeds meer bedrijven proberen bij het maken van chocola zoveel mogelijk slaafvrije cacao te gebruiken. Na Tony's Chocelonely, Ben & Jerry's, PLUS en Albert Heijn gaat de HEMA slaafvrije chocola gebruiken, in dit geval bij de paaseitjes. Vandaag is de stelling: 'Ik koop alleen maar chocola van eerlijke cacao.'
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min )
KLM heeft met pilotenvakbond VNV een cao-akkoord op hoofdlijnen gesloten. Daardoor gaat een geplande werkonderbreking van de vliegers maandag niet door, stelt de luchtvaartmaatschappij.
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min )
HEMA stapt over op cacaoboeren die zijn aangesloten bij een netwerk dat zich inzet tegen de uitbuiting in de cacao-industrie. In de loop van volgend jaar moeten alle HEMA-chocolaatjes gemaakt worden van traceerbare cacao.
( 3
min )
Onze buurlanden zorgen dit jaar voor veel toerisme. De grootste stijging komt uit het oosten: maar liefst zeven miljoen mensen uit Duitsland trekken de grens naar Nederland over.
( 4
min )
Before you obtain a real estate license in Florida, you will need to complete specific coursework, take an exam, and pass a background check.
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Retirement expenses such as health insurance, home renovations, and a new car could drain your funds if you don't plan for them now.
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Real estate agents in New York are among the highest paid in the nation.
( 24
min )
One of the most important topics in retirement is Medicare. Here is the lowdown on how it works and what it may cost you.
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min )
The Employment Cost Index (ECI) is a quarterly economic series that measures the growth of total employee compensation.
( 21
min )
Price to tangible book value (PTBV) measures a company's market value relative to the hard or tangible assets reported on its balance sheet.
( 21
min )
These techniques can help you pass the Series 6 exam without the added stress. Here are six tips to get you ready.
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min )
From stimulus checks to quantitative easing, here’s what governments and central banks are doing around the world to provide stimulus and relief.
( 87
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Unfair trade practice refers to the use of various deceptive, fraudulent, or unethical methods to obtain business.
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Investment banks provide financial advice to businesses and governments and help them raise capital through the sale of stocks, bonds, and other products.
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The Sick Industrial Companies Act (SICA) was a key piece of legislation introduced in 1985 to deal with the issue of rampant industrial sickness in India.
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Former congresswoman Marcia Fudge is the current U.S. secretary of Housing and Urban Development (HUD).
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Brady might have hung up his jersey for good, but the 7x Super Bowl champion is plenty busy off the field. Brady has a net worth of $300 million, according to Celebrity Net Worth, thanks to his decades-long career as a star quarterback in the NFL, and a series of lucrative businesses and investments in sports teams.
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If you’re completely financially independent from your parents since you were a kid, you’re firmly in the minority.
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In 1985, the G-5 nations signed an agreement to devalue the United States currency and correct the GDP. It worked, but there were casualties.
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One in five retirees is working for financial and mental benefits, according to a T. Rowe Price study.
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The Caribbean Free Trade Association (CARIFTA) is a multilateral free-trade area composed of Caribbean nations and dependencies that existed from 1965 to 1972.
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Understand how difficult it is to break into the field of private equity, and increase your chances by preparing early and following these tips.
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Convertible preferred stock is a hybrid security that gives holders the option to convert their preferred stock into common shares after a defined date.
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If you are pondering a midlife career change that involves a transition into finance, then here are a few tips that will help.
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A void contract is a formal agreement that is illegitimate and unenforceable from the moment it is created. Learn more about what makes a contract void.
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Hyperinflation is an extreme case of monetary devaluation that is so rapid and out of control that the normal concepts of value and prices are meaningless.
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(Bloomberg) -- The impact of a deeper economic deterioration in China will be mainly felt in Australia through weaker trade and reduced risk appetite in financial markets, Australian regulators said in a quarterly statement.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundStocks Flash Recession Warning as Trouble Spreads to IndustrialsBond Market Faces Quandary After Fed Signals It’s Almost DoneUS to
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Retirement expenses such as health insurance, home renovations, and a new car could drain your funds if you don't plan for them now.
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Investors have been buoyed this year by the fact that a mooted recession has failed to materialize. However, Morgan Stanley’s chief U.S. equity strategist, Mike Wilson, says that it does not mean the prospect of one taking place has completely evaporated. “While the investor sentiment pendulum on a recession arriving in 2023 has swung from roughly ’70/30′ to ’30/70′ over the past 6 months based on our dialogue, there is more debate on whether we have avoided it altogether – i.e., soft/no landing
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(Bloomberg) -- Oil’s move higher is making waves around the world as supplies buckle amid a growing appetite for crude and petroleum products, threatening to complicate the task of central bankers in their efforts to tame inflation. Meanwhile, the International Energy Agency hosts three events this week in Paris focused on the energy transition, including one on critical minerals Thursday.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionWells Fargo Preps for Weal
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US consumers have accumulated $1 trillion of credit card debt. That sounds like a lot, but it's not an excessive amount, experts say.
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Some borrowers fear what's next as student loan payments resume in October. They're searching for answers and ways to trim their spending.
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Earnings reports from Costco, Cintas, Micron, Accenture, CarMax, Nike, and Carnival. Plus, core PCE inflation data, consumer confidence, and more.
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(Bloomberg) -- US small-cap and industrial stocks are dropping, typically signals of a recession, but in a year where equities have already beaten expectations some investors are dismissing the moves as little more than noise — for now.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundUS to Keep a Distance From India-Canada Dispute, Signum’s Myers SaysBond Market Faces Quandary After Fed Signals It’s A
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If you contribute to a tax-advantaged retirement account at work or a traditional IRA, Required Minimum Distributions (RMDs) are something you'll need to factor into your financial plan. These distributions are minimum amounts you're required to withdraw from your retirement … Continue reading → The post Is an RMD Needed If You're Still Working? appeared first on SmartAsset Blog.
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Canadian labor union Unifor said on Sunday its members had voted to ratify a new contract with Ford Motor, a relief for the Detroit automaker locked in a separate tussle with its U.S. union over demands for better pay and benefits in the country.
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(Bloomberg) -- Jon Corzine will shutter the hedge fund he started after the collapse of MF Global Holdings, marking the end of his bid to rebound from one of the largest bankruptcies in US history. Most Read from BloombergWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundUS to Keep a Distance From India-Canada Dispute, Signum’s Myers SaysBond Market Faces Quandary After Fed Signals It’s Almost DoneChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseRaw Meat-Eating Liver King
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Employers are stepping up monitoring of in-office attendance, though efforts can alienate workers or prove difficult to implement.
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One in five retirees is working for financial and mental benefits, according to a T. Rowe Price study.
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BEIJING (Reuters) -China Evergrande said on Sunday that in view of an investigation into Hengda Real Estate Group, its flagship onshore unit, it was unable to meet qualifications for the issuance of new notes under its debt restructuring plan. The Evergrande unit was being probed by the Chinese securities regulator for suspected violation of information disclosure. "Holders of the company’s securities and potential investors of the company are advised to exercise caution when dealing in the securities of the company," Hui Ka Yan, chairman of China Evergrande Group, said in the Sunday filing to the Hong Kong Stock Exchange.
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Davidson Kempner Capital Management initiated positions in Exxon, Domino’s, and Coca-Cola, and exited CVS stock in the second quarter.
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(Bloomberg) -- Just a couple of months ago, emerging-market assets were all the rage as inflation eased and interest rate-cut bets surfaced. The trade has all but fizzled out. Most Read from BloombergWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundUS to Keep a Distance From India-Canada Dispute, Signum’s Myers SaysBond Market Faces Quandary After Fed Signals It’s Almost DoneChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseRaw Meat-Eating Liver King And Other Health Infl
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Arm, Instacart and Klaviyo all popped on their first day of trading, but their performance since then has been more muted.
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Despite the threat of China’s triggering a worldwide crisis as Russia did in 1998, emerging markets are much more resilient now. It doesn’t mean investors will profit from them.
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Too many consumers settle for savings accounts that pay almost no interest. High-yield alternatives aren't hard to find.
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Jeremy Hunt cheered falling inflation numbers last week, claiming the data showed his plan to fix the economy was working.
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(Bloomberg) -- What determines the price of gold? For much of the past decade the answer was easy: the price of money. The lower rates fell, the higher gold climbed, and vice versa.Most Read from BloombergWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundUS to Keep a Distance From India-Canada Dispute, Signum’s Myers SaysBond Market Faces Quandary After Fed Signals It’s Almost DoneChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseRaw Meat-Eating Liver King And Other Health
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China Reform Holdings Corp, a Chinese manager of state assets, plans to raise at least 100 billion yuan ($13.70 billion) for a fund that will invest in emerging industries, the China Business News reported on Sunday. China's state-owned enterprises (SOEs) have been ramping up investment in emerging and strategic industries such as artificial intelligence, new energy, new materials and biotech as part of Beijing's SOE reforms. China Reform Holdings was set up in 2021 and tasked with deepening SOE reforms.
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High claim losses have driven up insurance costs for plenty of homeowners in the Golden State.
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Economists expect sales of new homes to have fallen in August. The government's monthly measure is due Tuesday.
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(Bloomberg) -- Singapore became the biggest investor in Japan’s real estate sector this year, lured by the yen’s weakness and growing demand in logistics and hospitality industries, according to Knight Frank LLP.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundUS to Keep a Distance From India-Canada Dispute, Signum’s Myers SaysBond Market Faces Quandary After Fed Signals It’s Almost DoneStocks Flash R
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Pentwater Capital predicted that FTC efforts to block big deals would fail.
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Japan’s government is on a mission to get the country’s cash-hoarding households to invest more.
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U.S. Central Bank Telegraphs One More Interest Rate Hike In 2023
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SEOUL (Reuters) -South Korea's LG Chem Ltd has entered a partnership with China's Huayou Group's subsidiary Youshan, it said on Sunday, to build a joint electric vehicle (EV) battery material plant in Morocco to diversify its portfolio. Huayou has joined the growing number of Chinese electric vehicle and battery companies seeking to expand overseas to get closer to their foreign clients and benefit from local incentives. In a separate statement, Huayou's listed unit Zhejiang Huayou Cobalt Co said it intended to build plants with LG Chem in Indonesia and Morocco under a strategic partnership to promote international growth.
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The city’s new landmarks are struggling office buildings and a shopping mall losing tenants.
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KLM zegt een akkoord op hoofdlijnen te hebben gesloten met pilotenvakbond VNV over een nieuwe cao. Daardoor gaat een geplande werkonderbreking van de vliegeniers maandag niet door, stelt de luchtvaartmaatschappij.
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Frankrijk stapt helemaal uit de steenkoolsector. Tegen 2027 moeten de laatste twee op steenkool draaiende elektriciteitscentrales van het land zijn omgebouwd. Dat heeft president Emmanuel Macron zondag bekendgemaakt. Daarnaast wil hij dat de brandstofindustrie de producten tegen kostprijs aanbiedt.
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De Tsjechische miljardair Daniel Kretínský verkoopt zijn belang in de Franse krant Le Monde. Zijn aandelen gaan over naar de Franse zakenman Xavier Niel, die al grootaandeelhouder in het nieuwsmedium was.
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Een goede smartphone hoeft niet duur te zijn. In de prijsklasse van 350 tot 500 euro zijn veel goede telefoons verkrijgbaar. De OnePlus Nord 3 5G, Google Pixel 7a en Samsung Galaxy A54 5G zijn volgens Tweakers op dit moment de beste smartphones in dit prijssegment.
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De Duitse bouwsector heeft 50 miljard euro aan stimuleringsmaatregelen nodig om uit het slop te komen, betoogt vakbond IGBAU. Hogere rentes en sterk gestegen materiaalkosten drukken zwaar op de Duitse bouw.
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Als kunstmatige intelligentie ergens goed in is, dan is het wel taalverwerking. Je kunt ermee chatten, maar AI kan ook vertalen. Dat klinkt als een bedreiging voor professionele vertalers, maar bij het Nederlands Genootschap van Tolken en Vertalers (NGTV) maken ze zich nog niet druk.
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Het minimumloon gaat omhoog naar 13,50 euro per uur, maar sommige partijen en vakbonden willen dit bedrag nog verder verhogen. Ze opperen een minimum van 14, 16 of zelfs 18 euro per uur. Dat klinkt als een sympathiek plan, maar experts hebben hun bedenkingen.
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The Asian Infrastructure Investment Bank (AIIB) is a Beijing-based multilateral development bank that finances infrastructure projects in Asia.
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While a falling unemployment rate sounds like a good thing, it can actually be indicative of people leaving the labor force because they can't find a job.
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The Consumer Financial Protection Bureau (CFPB) is a regulatory agency charged with overseeing financial products and services that are offered to consumers.
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Management fees are the price charged by fund managers to invest capital on behalf of clients. The fee covers managers for their time and their expertise.
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A Keltner Channel is a set of bands placed above and below an asset's price. The bands are based on volatility and can aid in determining trend direction and provide trade signals.
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A lot is amount of securities bought in a single transaction on an exchange. A round lot is typically 100 shares but investors don't have to buy in round lots.
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A bond quote is the price at which a bond is trading. It's typically expressed as a percentage of par value with the percentage converted to a point scale.
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Bond futures oblige the contract holder to purchase a bond on a specified date at a predetermined price.
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Tech stocks tend to fall early in tightening cycles but rebound and recover losses later on.
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The CFA Institute is an international organization that serves investment management professionals with education, ethics, and certification programs.
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Scholastic Corporation missed revenue and profit estimates for the quarter ended Aug. 31, as lagging book sales impacted the publisher's core business.
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Commodities are the raw materials used for products manufactured worldwide. This article lists the top 10 countries with the most value in natural resources.
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Deciding to buy CIF or FOB depends on the experience of the buyer. FOB generally holds wider appeal among regular international shippers.
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The top shareholders of Amazon are Jeff Bezos, Andrew Jassy, Jeffrey Blackburn, Advisor Group, Vanguard Group, and BlackRock.
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Layer 1 and Layer 2 blockchain scaling solutions are two types of improvements to the processing speed of any cryptocurrency network.
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Yield farming is a high-risk, volatile investment strategy in which the investor stakes or lends crypto assets to earn a higher return.
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The Gilded Age, which spanned roughly from the late 1870s to the early 1900s, was a time of rapid industrialization, economic growth, and prosperity for the wealthy. It was also a time of exploitation and extreme poverty for workers.
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The Federal Reserve's interest rate hikes have taken a toll on some of the biggest bond market ETFs available to investors.
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A value reporting form is an insurance form a company with irregular inventory completes in order to receive insurance coverage in variable amounts.
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Several currency denominations have been discontinued by the U.S. Treasury and others are still in circulation but rarely used.
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The Singapore Interbank Offered Rate (SIBOR) is the benchmark interest rate for lending between banks in markets within the Asian time zones.
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Of the 50 U.S. states, 39 and the District of Columbia do not tax Social Security benefits.
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These nine states impose no income tax on residents, but moving there may not save you money.
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As US debt explodes, net interest payments are projected to become the single biggest expenditure by 2051, even topping Social Security.
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(Bloomberg) -- Bond investors face the crucial decision of just how much risk to take in Treasuries with 10-year yields at the highest in more than a decade and the Federal Reserve signaling it’s almost done raising rates.Most Read from BloombergWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseRaw Meat-Eating Liver King And Other Health Influencers Face Mounting LawsuitsAI Fantasy Fades as Wall Street Reels From Real-World
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Tech stocks tend to fall early in tightening cycles but rebound and recover losses later on.
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I am 57 and have $1.1 million in my 401(k) and $50,000 in a high-yield savings account. I earn $300,000 per year and put $30,000 in my 401(k) each year plus a match on the first 6%. I have a $220,000 mortgage on a home valued at $550,000. I would like to retire at 62 […] The post Ask an Advisor: I Have $1.15 Million Saved and Will Collect $3,500 Per Month in Social Security. Can I Retire at 62? appeared first on SmartReads by SmartAsset.
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India's aviation authorities have ruled out intervening in a dispute between Akasa Air and its pilots after the budget carrier accused the regulator of inaction, a legal filing shows. Over 40 of Akasa's 450 pilots quit without serving their notice in recent weeks, and the airline has sued some of them and challenged Indian authorities in court for not acting on its requests to deal with alleged pilot "misconduct". Akasa argues its contractual obligations with pilots remain in force, and is suing the regulator for not intervening in the public interest.
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Trudeau's popularity as measured by opinion polls has dropped as Canadians deal with a cost-of-living crisis, sparked by the central bank's record pace of interest rate increases to tame inflation. Trudeau has waded into a sensitive monetary policy debate and past comments on interest rates by his government and other provincial politicians have raised questions about the independence of the central bank.
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Contract talks with the union have been running parallel to UAW talks in the U.S.
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The top shareholders of Amazon are Jeff Bezos, Andrew Jassy, Jeffrey Blackburn, Advisor Group, Vanguard Group, and BlackRock.
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Imagine awakening to the gentle sound of waves washing up on a pristine beach, steps away from your luxury villa. You enjoy a gourmet breakfast while planning your day, debating between taking a tranquil boat trip or enjoying a private tour of a renowned local museum. All of these are made possible because you’ve amassed […] The post What a Retirement Lifestyle With $20 Million Looks Like appeared first on SmartReads by SmartAsset.
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In the intricate world of healthcare and insurance, high-net-worth individuals often face unique challenges and opportunities. Their healthcare needs, lifestyle and financial situation necessitate a different approach to insurance, one that is tailored to their specific circumstances. Whether you have a high net worth or not, a financial advisor can help you manage risk and […] The post Health Insurance Options for High-Net-Worth Individuals appeared first on SmartReads by SmartAsset.
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As crude oil prices near triple digits, it isn’t just consumers feeling uneasy.
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Practice over pedigree is the new normal. College students have gotten the hint.
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(Bloomberg) -- Exxon Mobil Corp., which operates one of the world’s biggest oil-refining networks, is trying to be more responsive to changing consumer demands as the energy transition gathers pace. The changes it’s considering include potentially replacing some gasoline production with chemicals.Most Read from BloombergWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseUS to Keep a Distance From India-Canada Dispute, Signum
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Retirement has gotten harder for low-income Americans. In July, the Government Accountability Office studied the impact of tax-advantaged retirement accounts. In doing so, they found that the disparity in retirement savings between low-income and high-income workers between ages 51 and 64 grew significantly between 2007 and 2019. This means people nearing retirement today are in […] The post This Little Known Tax Credit Helps Low-Income Workers Catch Up on Retirement Contributions appeared first
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Long-Term Capital Management’s collapse 25 years ago started a habit hard to break—the “Fed put.”
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Dozens of ships arrive each week in the Milford Haven Waterway, many bearing vast cargoes of crude oil and natural gas.
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The Federal Reserve's interest rate hikes have taken a toll on some of the biggest bond market ETFs available to investors.
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The WSJ guide on how to buy, finance, and find the car you want in 2023.
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Chinese lenders will provide more than half of the US$3 billion debt that Uganda requires to build a crude oil pipeline after financiers from the West backed out following strong opposition from environmental groups. According to Uganda's Ministry of Energy and Mineral Development, the East African nation expects to finalise talks with the China Export & Credit Insurance Corporation (Sinosure) and the Export-Import Bank of China (Eximbank) by next month to finance the construction of the East Af
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Carmakers face an escalating fight. Here’s what to watch for in the negotiations.
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(Bloomberg) -- With the northern hemisphere winter approaching and global diesel markets already tight, Russia has banned exports of the fuel that’s used for transportation, heating and industrial processes. Many analysts expect the halt to be temporary, but others see it as another example of Moscow weaponizing energy exports, as its invasion of Ukraine enters a 20th month. Most Read from BloombergChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseAI Fantasy Fades as Wall Street Reels
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Berkshire Hathaway now owns about $3 billion of the maker of personal computers, an 11.2% stake.
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Of the 50 U.S. states, 39 and the District of Columbia do not tax Social Security benefits.
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These nine states impose no income tax on residents, but moving there may not save you money.
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(Bloomberg) -- The relentless selloff in Chinese stocks has made the market the worst performer in the world over the past three years. And that is exactly the reason some funds are looking to unearth pockets of value.Most Read from BloombergWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundUS to Keep a Distance From India-Canada Dispute, Signum’s Myers SaysChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseRaw Meat-Eating Liver King And Other Health Influencers Face Mounti
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Je kent het vast: je vertelt aan anderen dat je graag iets wil hebben en even later zie je daarvoor een advertentie op Facebook of Instagram. Het lijkt alsof je wordt afgeluisterd, maar daar is volgens experts geen sprake van.
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Vijftien jaar geleden had vrijwel niemand een Android-telefoon, nu de meeste mensen. Google kreeg de afgelopen jaren veel macht op de smartphonemarkt en moest daar soms voor boeten. De technologie blijft zich ontwikkelen. De volgende stap lijkt kunstmatige intelligentie.
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De Europese Unie is "niet van plan zich los te koppelen" van China, maar moet zichzelf wel beschermen wanneer haar openheid wordt misbruikt. Dat heeft Valdis Dombrovskis, vicevoorzitter van de Europese Commissie, zaterdag gezegd tijdens een bijeenkomst in Shanghai.
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De Britse premier Rishi Sunak overweegt maatregelen in te voeren die het op termijn onmogelijk moeten maken om nog legaal sigaretten te kopen. Dat meldt The Guardian op basis van overheidsbronnen.
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De Fremantle Highway is zaterdagochtend in Rotterdam aangekomen, bijna twee maanden nadat op het vrachtschip brand uitbrak. Het schip vertrok donderdagmiddag uit de Groningse Eemshaven, waar het sinds begin augustus lag.
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Arriva wil vanaf 2026 op tal van spoortrajecten in het land gaan rijden waar nu nog treinen rijden van NS. Het spoorbedrijf heeft daarvoor verzoeken ingediend bij de Autoriteit Consument & Markt (ACM), bevestigt een woordvoerder van Arriva na berichtgeving door de Volkskrant.
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De Amerikaanse president Joe Biden gaat dinsdag naar Michigan om zijn steun te betuigen voor de staking bij de grote autofabrieken in Detroit. Zijn bezoek is bijzonder: het komt zelden voor dat een Amerikaanse president stakers bezoekt.
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Actievoerders van Extinction Rebellion (XR) blokkeren al twee weken lang elke dag de A12. Dat blijven ze doen tot Nederland stopt met de fossiele steun aan het bedrijfsleven. Hoe realistisch is die eis?
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The 10-year Treasury yield just breached 4.50%. Some market strategists see yields north of 5% coming into view.
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The ninth month of the year is the S&P 500’s worst, but some signs suggest that it’s getting close to bouncing.
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Wall Street research on Disney, Cisco Systems, Walmart, Walt Disney, Nike, and IBM
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James Dolan’s Sphere Entertainment looks undervalued, as do Madison Square Garden Entertainment and MSG Sports.
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The Fed will push interest rates to 6%, which means more pain for the US economy, particularly small businesses, O'Leary said.
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The civil trial, scheduled for Oct. 2, is in limbo while awaiting an appeals court ruling.
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Millennials and Gen Zers push back on Mom and Dad’s ideas about what a strong work ethic looks like.
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In Louisiana, a home could see a 48% plunge in value, and in Plaquemines Parish, a home could even lose 100% of its value.
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The move is expected to improve the segment's operating income by approximately $50 million to $55 million in 2025, the tire manufacturer said, adding that the plan would also improve profitability in its Australia and New Zealand operations. Goodyear would also exit nine warehouse locations, a regulatory filing showed. The Ohio-based company said the approved plan that is part of its broader restructuring effort would be completed by the end of 2024.
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Goldman Sachs analysts say that credit card losses are rising and expect they will continue to do so as late as 2025.
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The Bay Area saw some of its community banks move into the region's top 10 this year, based on the latest FDIC deposit data
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UPS is leveraging artificial intelligence to prevent "porch pirates" from stealing consumers' packages after they are delivered and recommend the best options for successful deliveries.
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Months after California's home insurance market was rattled by major companies pausing or restricting their coverage, the state's top regulator said Thursday that he would write new rules aimed at persuading insurers to continue doing business in the nation's most populous state. Seven of the 12 largest insurance companies by market share in California have either paused or restricted new policies in the state since last year. WHAT ARE THE RULES FOR INSURANCE COMPANIES?
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The years of ultralow interest rates nurtured a variety of wacky investment ideas. That’s over now. Here’s our guide to some ordinary investments at agreeable prices.
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Here's our weekly roundup of the most-read articles at Barron's Advisor.
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Monthly dividend ETFs have become a popular investment category in recent years, and why not? Building a portfolio of dividend ETFs that pay you each month is a great way to build a diversified and predictable stream of passive income that will compound over time. The Amplify CWP Enhanced Dividend ETF (NYSEARCA:DIVO) is one interesting option in this class for investors to consider. DIVO’s dividend yield of 4.9% is not as high as some of the other popular names in the space, like the JPMorgan Pr
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Shares of retailer Advance Auto Parts are in a second calendar year deeply in the red. Eugene Lee, interim executive chair, scooped up $500,000 of stock.
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Insurance registration data collected by Citi analyst Jeff Chung shows a decline in weekly sales of the company's EVs in China this month.
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It's never easy to figure out Wall Street, where bad news can be good for stocks or vice versa. Sometimes a stock can be flying high, only to have a well-known analyst spoil the party with a downgrade. The reverse also is true, as was the case this week with some healthcare real estate investment trusts (REITs). Over the past three trading days, healthcare REITs have been the worst-performing REIT subsector. Six healthcare REITs lost between 4% and 11.5%. Eleven more healthcare REITs are also in
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The 200-week and 200-day moving averages converge at $27,800, acting as an obstacle to further BTC price gains.
( 32
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What to make of the markets today? It seems that no matter where we look, the currents are pulling in two directions simultaneously. Recessionary forces, both inflation and higher interest rates, are running headlong into a remarkably resilient economy – but according to earnings results, we actually saw a mild recession early last year, and are in a recovery period. The conventional wisdom is no longer calling for a steep ‘double dip’ recession, but is predicting that growth will slow down shar
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If China Evergrande can’t strike a new deal with creditors, the property giant will risk a liquidation.
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In 2020, billionaire investor Ray Dalio famously claimed that "cash is trash." He later elaborated that cash is not safe because "it will be taxed by inflation." But as time passed, Dalio's view on cash has made a U-turn. "Temporarily, right now, cash I think is good ... and the interest rates are fine. I don't think it will be sustained that way," he said at the Milken Institute Asia Summit in Singapore last week. In the U.S., the Federal Reserve has implemented significant interest rate hikes
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Medicare Advantage and Medigap are two options when Original Medicare doesn't provide the right amount of coverage. Find out about Medicare supplement plans.
( 33
min )
Wall Street is less bullish about shares of agricultural-equipment maker Deere lately. Canaccord analyst Robert Burleson downgraded the stock Friday.
( 22
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The U.S. Federal Reserve has implemented 11 interest rate hikes in the last 18 months. While the Fed decided to leave its benchmark interest rates unchanged at its latest meeting, CNBC's Jim Cramer does not believe that the central bank is done with hawkish moves. "Labor's still tight, housing's tight, mortgage rates are high ... they've doubled and it hasn't affected housing at all. We have 3.8% unemployment, inflation rate close to 4% — the Fed's targeting 2%," Cramer said during Wednesday's "
( 32
min )
(Bloomberg) -- Banks are paying up to protect their cash holdings from sinking further and to safeguard against future runs on deposits, according to Bank of America Corp. Most Read from BloombergChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseAI Fantasy Fades as Wall Street Reels From Real-World Rate JumpRaw Meat-Eating Liver King And Other Health Influencers Face Mounting LawsuitsWhy Can’t Americans Buy Cheap Chinese EVs?Treasuries Halt Fed-Fueled Rout as Stocks Struggle: Markets W
( 33
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After a two-day drop, 30-year mortgage rates have roared higher. Surging almost a quarter of a point, the 30-year average has now set a new 22-year high.
( 20
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The U.S. stock market has seen robust growth in 2023, with the S&P 500 Index surging by 16%. But according to "Shark Tank" star Kevin O'Leary, it's not all sunshine and rainbows. "The S&P 500 employs 40% of America," he told Fox Business's Larry Kudlow in a recent interview. "Where the cracks are starting to show is in mainstream America where the car loans have gone from 5½% to 9½% and continue to go up." The U.S. Federal Reserve has implemented aggressive interest rate hikes to combat rampant
( 34
min )
Better bargains await in T-bills, REITs, BDCs, and energy stocks.
( 22
min )
One of the most important decisions in retirement is choosing how much to withdraw from your savings. You need to take out enough to meet your spending needs, but not so much that you end up running out of money. While there's no real consensus on a safe withdrawal rate, a recent report from Edward […] The post How Much Should I Withdraw From My Retirement Account? Edward Jones Says Start With These Percentages appeared first on SmartReads by SmartAsset.
( 33
min )
While shortages and insurance mix-up are a pain for patients, things are looking up for vaccine makers.
( 22
min )
Shares of the chip-design company took off after its IPO. They have given up that gain, but investors should still be wary, according to Susquehanna.
( 22
min )
In a research report published on Friday, JPMorgan analyst Christyan Malek upgraded the entire global energy sector to an overweight rating, warning that the recent surge in oil prices could potentially drive Brent crude prices as high as $150 a barrel by 2026. This prediction is based on factors such as capacity shocks in the near to medium term, an energy "supercycle", and an ongoing transition away from hydrocarbons.
( 33
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The problem isn't the outlook for earnings at utilities and makers of consumer staples. Higher yields on Treasury debt are hurting the shares.
( 22
min )
Historically, the 10-year U.S. Treasury yield has peaked around the Federal Reserve's last hike of the cycle. That's coming soon.
( 22
min )
In a big shift, anyone who took in more than $600 a year from reselling tickets could be in for a tax surprise.
( 24
min )
Wayfair upgraded, Deere downgraded: Wall Street's top analyst calls
( 33
min )
Wells Fargo is still trying to move beyond the 2016 fake account scandal. It's harder than it looks.
( 30
min )
Overall, this year has seen a solid turnaround from last year’s losses. The S&P 500 and the NASDAQ are both showing year-to-date gains, of 16% and 27% respectively. That holds, even as the last few weeks have been disappointing; the S&P is down ~4% this month, and the NASDAQ is down 6%. One thing is clear: tech stocks powered the year’s gains, riding high on the surge of interest in artificial intelligence tech, AI, which burst into prominence with ChatGPT’s release last November. AI has transfo
( 36
min )
Citi analyst Ronald Josey has opened a '90-day Positive Catalyst Watch' on the social-media company's shares.
( 22
min )
Researchers asked ChatGPT to rate itself on how well it could perform different job skills. It's responses were illuminating.
( 32
min )
Canadian steel maker Stelco is considering a bid for United States Steel, Bloomberg News reported. That's odd.
( 21
min )
The Russian leader has attempted to shield the worst effects of the war from his countrymen, but prices for the fuels have been reaching record levels domestically.
( 33
min )
The nation’s biggest automakers – and car buyers everywhere -- will learn Friday whether the United Auto Workers union will escalate its strike over a demand for higher wages, a shorter work week and other benefits. UAW President Shawn Fain is expected to announce whether the union will expand a weeklong strike that has so far been limited to three plants – one each at Ford, General Motors and Stellantis. Fain said earlier this week he would call on workers at more plants to strike unless there was significant progress in contract negotiations with the carmakers.
( 35
min )
Chris Rondeau, former CEO of Planet Fitness, says he doesn't know why he was asked to step down.
( 34
min )
The Vietnamese electric vehicle start-up reported a second-quarter net loss of about $514 million from sales of about $307 million.
( 22
min )
↗️ Microsoft (MSFT), Activision Blizzard (ATVI): A modified deal by the software giant to buy the videogame publisher was [cleared by the U.K.'s antitrust authority](https://www.wsj.com/tech/mic
( 23
min )
Exxon Mobil Corp. (NYSE:XOM) is poised to benefit from a substantial 30% rise in oil prices in Q3, with futures for West Texas Intermediate (WTI) oil for November 2023 escalating from $69.23 per barrel on June 23 to around $90 currently. This increase could potentially trigger a significant rise in Exxon's stock.
( 33
min )
European Union antitrust enforcers slapped Intel on Friday with a fresh $400 million fine in a long-running legal fight that the chipmaker appeared to have won last year. The European Commission imposed the 376.4 million-euro fine after a court threw out an original 1.06 billion-euro penalty issued in 2009 over allegations that the Santa Clara, California-based company used illegal sales tactics to shut out smaller rival AMD. The commission, the 27-nation bloc's top antitrust watchdog, accused Intel of abusing its dominant position in the global market for x86 microprocessors with a strategy to exclude rivals by using rebates and sales restrictions.
( 32
min )
“I don’t think I’ve discovered fire," Rowan says, sipping a barista cappuccino from a paper cup. "I think we’re just logically looking at trends, and we’ve picked a really, really big market that’s got the best future in the world of credit.”
( 41
min )
(Bloomberg) -- The Luksic family, South America’s wealthiest with a combined fortune of about $25 billion, is reaping the benefits of a bet on global shipping and port logistics more than a decade after it first entered the industry.Most Read from BloombergEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseMcCarthy Ambushed as Republican Hardliners Change Course on S
( 34
min )
The United Auto Workers union has threatened to expand its strike against the Big Three automakers on Friday, Microsoft’s acquisition of Activision Blizzard is closer to being cleared, and Scholastic falls sharply after a wider-than-expected loss.
( 22
min )
History suggests that the central bank’s expected scenario isn’t likely to happen.
( 27
min )
The U.K. regulator said a new restructured deal substantially addresses its concerns over cloud gaming.
( 22
min )
(Bloomberg) -- Cainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., is planning to file for its Hong Kong initial public offering as soon as next week, according to people familiar with the matter, potentially making it among the first of the Chinese tech firm’s units to go public.Most Read from BloombergEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsMcCarthy Ambushed as Republican Hardliners C
( 33
min )
(Bloomberg) -- Chinese stocks rallied Thursday, running against the grain of declines across the region, while the 10-year Treasury yield touched the highest level in 16 years in a sign investors expect higher US interest rates to endure.Most Read from BloombergEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsMcCarthy Ambushed as Republican Hardliners Change Course on Spending PlanWall Street Trading Roiled by ‘Post-Fed Han
( 34
min )
(Bloomberg) -- Investors are dumping equities at the fastest pace since December as the prospect of higher-for-longer interest rates raises the risk of a recession, Bank of America Corp. strategists say.Most Read from BloombergEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsMcCarthy Ambushed as Republican Hardliners Change Course on Spending PlanChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseWall Street Tradin
( 33
min )
When Lachlan Murdoch, the eldest son of media titan Rupert Murdoch, was named the sole chairman of News Corp Thursday, the announcement put to rest immediate questions about who will run News Corp and Fox Corp: a sprawling media empire that includes some of the most powerful brands in the world. But the executive transition does not settle another potential power play that could occur upon Rupert Murdoch’s death, as framed by a document called the Murdoch Family Trust. It is the vehicle through which the elder Murdoch controls News Corp and Fox Corp, through a roughly 40% stake in voting shares of each company.
( 32
min )
Historically, the 10-year U.S. Treasury yield has peaked around the Federal Reserve's last hike of the cycle. That's coming soon.
( 22
min )
(Bloomberg) -- Bill Ackman remains short bonds and expects long-term rates to rise further amid increasing government debt, higher energy prices and the cost of shifting to green power.Most Read from BloombergEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsMcCarthy Ambushed as Republican Hardliners Change Course on Spending PlanWall Street Trading Roiled by ‘Post-Fed Hangover’: Markets Wrap‘Dead Space’ Co-Creator Departs S
( 31
min )
Find out how stagflation is measured, what factors contribute to it, and how to protect your finances.
( 23
min )
A broad form property damage endorsement removes the exclusion of property under the care of the insured in a contractor's general liability policy.
( 19
min )
It is possible to get a $100,000 personal loan, but it’s difficult. Even the best personal loan providers don’t typically offer loans of more than $50,000.
( 22
min )
With instant personal loans, you may be able to get your funds on the same day you apply for the loan. However, a number of factors can delay the process.
( 22
min )
Today's best CD rate is 5.80%, available from Credit Human for a take-your-pick term between 12 and 17 months, or from The Federal Savings Bank for a 1-year term.
( 19
min )
Universal healthcare coverage systems are set up to ensure that all legal residents of a given jurisdiction have health insurance.
( 22
min )
Goldman Sachs analysts say that credit card losses are rising and expect they will continue to do so as late as 2025.
( 17
min )
The SEC fined Citadel Securities $7 million for mismarking short sale and long sale orders over a five-year period.
( 16
min )
The Big Mac index was created by The Economist to measure purchasing power parity between nations, using the price of a Big Mac as the benchmark.
( 22
min )
U.S. equities gave up early gains, with the S&P 500 falling 0.2% on Friday amid concerns about higher interest rates following this week's Fed comments.
( 16
min )
IOTA's network was hacked in 2018, and $4 million of its cryptocurrency, MIOTA, was stolen. Here's what the developers recommend for keeping your crypto safe.
( 20
min )
The remarks by two officials followed a meeting Wednesday in which the central bank held the fed funds rate steady, maintaining a 22-year high.
( 19
min )
If lawmakers don’t pass a budget or extend the deadline to do so, the government could shut down on Oct. 1—hurting the economy in several ways, some of them not so obvious.
( 20
min )
The Commerce Department released its final guidelines for Chips Act funding designed to make sure that up to $52 billion in federal incentives don’t wind up benefiting China or other competitor nations.
( 18
min )
The SEC fined Goldman Sachs $6 million for failing to provide complete and accurate trading information.
( 17
min )
The S&P 500 Index (Standard & Poor's 500 Index) is a market-capitalization-weighted index of the 500 leading publicly traded companies in the U.S.
( 27
min )
When buying a second home, you may need vacation home insurance. Learn how second home insurance works and when you need it.
( 22
min )
Chartered Marketing Analyst (CMA) is a certificate awarded by the GAFM Global Academy of Finance and Management.
( 19
min )
Medicare Advantage and Medigap are two options when Original Medicare doesn't provide the right amount of coverage. Find out about Medicare supplement plans.
( 33
min )
A CFPB proposal could remove medical bills from Americans’ credit reports. If finalized, the change could make it easier for Americans with medical debt to take out loans and receive credit cards.
( 17
min )
A ceiling is the maximum permitted level in a financial transaction. The term can be applied to a variety of factors from debt to interest rates and credit limits.
( 21
min )
The Obelisk consensus algorithm uses different network nodes for consensus and block creation. Learn more about it and how it works.
( 21
min )
An equalization payment is usually made to a state, province, or individual from the federal government to offset economic or fiscal imbalances.
( 20
min )
A stockbroker is an agent or firm that charges a fee or commission for executing buy and sell orders for an investor.
( 24
min )
U.S. equities advanced at midday on Friday, Sept. 22, 2023 after a U.S. government decision on chip funding, though the market was on track for a losing week.
( 16
min )
A bull call spread is an options strategy designed to benefit from a stock's limited increase in price.
( 32
min )
The United Auto Workers expanded the scope of its strikes at GM and Stellantis plants, but not Ford amid reported progress in negotiations.
( 17
min )
A real estate agent is a licensed professional who represents buyers or sellers in real estate transactions.
( 26
min )
After a two-day drop, 30-year mortgage rates have roared higher. Surging almost a quarter of a point, the 30-year average has now set a new 22-year high.
( 19
min )
The K-Percent Rule, proposed by economist Milton Friedman, states that the central bank should increase the money supply by a set percentage every year.
( 19
min )
Seagen shares jumped to an all-time high Friday after news that a joint late-stage trial of a combination of their experimental bladder cancer drug with Merck's Keytruda achieved positive results.
( 17
min )
How does the Federal Reserve System affect ordinary citizens? In more ways than you might realize.
( 20
min )
AstraZeneca ADSs rose after reporting its experimental breast cancer treatment made with Japanese partner Daiichi Sankyo showed positive high-level results in a Phase 3 trial.
( 17
min )
Both the law of diminishing marginal returns and returns to scale measure output as a result of changes in input.
( 21
min )
A pure play is a company that invests in one line of business, so its stock performance correlates highly to the performance of its sector.
( 21
min )
Amazon on Friday said Prime Video shows and movies will have limited advertisements starting in 2024, as the company seeks to boost profitability and continue investing in the platform.
( 18
min )
American Express CD rates can be much higher than average with certain terms, and there’s no minimum balance to open a new CD.
( 21
min )
The European Economic Area (EEA) Agreement is an agreement made in 1992 that brought together the European Union (EU).
( 23
min )
When the terms premium and discount are used for bonds, they are telling investors whether the purchase price of the bond is above or below its par value.
( 26
min )
Find out whether a fund's performance is a result of the manager's abilities or just a fluke.
( 24
min )
High consumer appetite, especially for the more expensive models of iPhone 15 during holiday season, eases concerns about the slump in the global smartphone market.
( 18
min )
Tax-free spinoff refers to a corporate action in which a publicly traded company spins off one of its business units as an entirely new company.
( 20
min )
Microsoft's modified proposal to win regulatory approval for its plan to buy Activision Blizzard was provisionally accepted by the U.K.'s Competition and Markets Authority.
( 18
min )
U.K. regulators gave preliminary approval of Microsoft’s $75 billion proposed acquisition of Activision and the United Auto Workers is threatening to expand its strike against the “Big Three” automakers if a deal isn’t reached. Here’s what investors need to know today.
( 19
min )
Not all doctors accept Medicare for the patients they see. Here are five options to consider if you find out your doctor doesn’t take it.
( 26
min )
There are four Medicare parts: A, B, C, and D. Learn what each Medicare part covers—including hospital, medical, and prescription drug coverage.
( 27
min )
Don’t pay for a plan that won’t cover your pearly whites when you need it to.
( 23
min )
Pink slip is a vernacular term that refers to a notice of dismissal given to an employee.
( 22
min )
The Medicare hold harmless provision keeps Social Security benefits from decreasing year over year as a result of higher Medicare Part B premiums.
( 24
min )
Tariffs are used and levied by domestic governments to protect domestic industries.
( 21
min )
De Tweede Kamer heeft besloten de accijnsverhoging van januari 2024 met een jaar uit te stellen. Daarmee willen Kamerleden voorkomen dat de prijzen aan de pomp de pan uit rijzen. Toch vind je in Nederland de duurste benzine van Europa. Hoe zit dat?
( 3
min )
De vrijdag begonnen stakingen bij autofabrieken van General Motors (GM) en Stellantis in de Verenigde Staten worden uitgebreid. Daarmee wordt het werk neergelegd in nog eens 38 fabrieken, verspreid over twintig Amerikaanse staten.
( 3
min )
Piloten van KLM hebben aangekondigd dat ze maandag één uur gaan staken op luchthaven Schiphol. Met de actie willen ze KLM onder druk zetten voor betere arbeidsvoorwaarden.
( 5
min )
De James Webb-telescoop heeft op de Jupitermaan Europa koolstof gevonden. Dat is een belangrijk element dat leven mogelijk maakt. Maar hoe kan de ruimtekijker op zo'n grote afstand zien welke stoffen op andere planeten en manen aanwezig zijn?
( 3
min )
ING en ABN AMRO zijn vrijdag onderuitgegaan op de Amsterdamse beurs. Dat gebeurde nadat de Tweede Kamer het voorstel om de bankenbelasting te verhogen had goedgekeurd. De opbrengst van die belasting wordt gebruikt om huishoudens met lagere inkomens te steunen.
( 5
min )
Inwoners van Wijk aan Zee leven gemiddeld 2,5 maand korter door de huidige uitstoot van Tata Steel, blijkt vrijdag uit nieuw onderzoek. Daarin legt het RIVM een direct verband tussen de uitstoot van de staalfabriek in IJmuiden en de gezondheid van omwonenden.
( 8
min )
ING en ABN AMRO zijn vrijdag onderuitgegaan op de Amsterdamse beurs. Dat gebeurde nadat de Tweede Kamer het voorstel om de bankenbelasting te verhogen had goedgekeurd. De opbrengst van die belasting wordt gebruikt om huishoudens met lagere inkomens te steunen.
( 4
min )
Inwoners van Wijk aan Zee leven gemiddeld 2,5 maand korter door de huidige uitstoot van Tata Steel, blijkt vrijdag uit nieuw onderzoek. Daarin legt het RIVM een direct verband tussen de uitstoot van de staalfabriek in IJmuiden en de gezondheid van omwonenden.
( 8
min )
De proef waarbij huurders extra geld kunnen lenen om voor dezelfde maandlasten over te stappen naar een koophuis is beëindigd. Door de stijgende hypotheekrente is het voor veel duurhuurders helemaal niet meer voordeliger om de overstap te maken, ook niet met een beetje hulp.
( 5
min )
De soap rond de miljardenboete die de Europese Unie in 2009 aan Intel oplegde voor concurrentievervalsing is nog niet voorbij. Die boete werd in 2022 nietig verklaard, maar de EU legt Intel nu een boete van 376 miljoen euro op.
( 4
min )
Door een stijging van de lonen en uitkeringen konden we afgelopen kwartaal 1,4 procent meer uitgeven dan een jaar eerder. Dat meldt statistiekbureau CBS, die daarbij rekening houdt met de inflatie.
( 3
min )
Minder studenten hebben dit jaar een lening aangevraagd om te kunnen studeren. De studenten die dat wél doen, lenen veel minder.
( 4
min )
De Nederlandse economie kromp vorig kwartaal met 0,2 procent. Dat is iets minder dan de 0,3 procent die statistiekbureau CBS eerder naar buiten bracht. Dit kwam vooral doordat er meer internationale handel was dan eerder becijferd.
( 3
min )
Onderzoekers zijn enthousiast over een vondst op de maan Europa, een van de manen van Jupiter. De James Webb-telescoop vond daar koolstof, een belangrijke voorwaarde voor leven, schrijft de Europese ruimtevaartorganisatie ESA.
( 3
min )
Door een stijging van de lonen en uitkeringen konden we afgelopen kwartaal 1,4 procent meer uitgeven dan een jaar eerder. Dat meldt statistiekbureau CBS, die daarbij rekening houdt met de inflatie.
( 3
min )
Minder studenten hebben dit jaar een lening aangevraagd om te kunnen studeren. De studenten die dat wél doen, lenen veel minder.
( 4
min )
De Nederlandse economie kromp vorig kwartaal met 0,2 procent. Dat is iets minder dan de 0,3 procent die statistiekbureau CBS eerder naar buiten bracht. Dit kwam vooral doordat er meer internationale handel was dan eerder becijferd.
( 3
min )
In recent years, the online content subscription platform OnlyFans has seen a meteoric rise in popularity, transforming the way creators monetize their content and, in the process, creating a new generation of high earners and millionaires. With fortunes made in a matter of months, many of these content creators are now seeking savvy investment opportunities to grow and secure their wealth. In this article, we’ll explore where these OnlyFans stars are choosing to invest their money, including re
( 32
min )
A federal judge in Texas on Thursday rejected a bid by 25 states to block a Biden administration rule allowing employee retirement plans to consider environmental, social and governance (ESG) issues in investment decisions. U.S. District Judge Matthew Kacsmaryk in Amarillo, Texas, declined to block the rule, which took effect Jan. 30. The judge granted a petition by President Joe Biden's administration to dismiss the Republican-led states' lawsuit claiming the rule will jeopardize millions of Americans' retirement savings.
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Energy investors don’t share the enthusiasm of hedge funds and speculators, which have become the most bullish in nearly two years as oil equities are lagging behind soaring crude prices.
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Today's best CD rate is 5.80%, available from either The Federal Savings Bank for a 1-year term or Credit Human for a take-your-pick term between 12 and 17 months.
( 21
min )
The U.S. Treasury Department’s sanctions enforcer said a 3M subsidiary sold products to a German reseller knowing they were destined for an Iranian customer.
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min )
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Several factors can shrink your monthly Social Security benefits payment. Here are three of the most common.
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Speculators have amassed $600 billion in net short positions in U.S. Treasury futures, a leveraged trade that poses possible wider bond market risks if there's a government shutdown.
( 20
min )
Media magnate Rupert Murdoch on Monday announced that he would be stepping down as the leader of both Fox News' parent company and his News Corp media holdings — with his son, Lachlan, set to take his place. Through his decades-long career, Murdoch, 92, built an empire — beginning with his father's newspaper in Adelaide, Australia — and became a multibillionaire. In the U.S., his creation of Fox News has notably influenced American politics, making Murdoch a hero to some and pariah to others.
( 38
min )
Baby boomers' stocks and houses gained value for years due to low interest rates, and now they can earn 5% from Treasury bills, Larry McDonald said.
( 32
min )
CS Disco CEO, Kiwi Camara, has been ousted after allegedly groping a young female worker and shoving meat into her face.
( 33
min )
Two long-delayed refineries outside the U.S. are set to ramp up production, pumping out about 1 million more barrels a day of fuel.
( 33
min )
(Bloomberg) -- Hedge fund billionaire John Paulson used a sham purchase of a luxury penthouse apartment in Puerto Rico to improperly enrich himself by $10 million at the expense of his family trust, his wife claims in a suit accusing him of hiding billions of dollars in assets during their divorce.Most Read from BloombergIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsEx-Goldman Bankers Make a Fortune With Controversial Bet on Coal‘Dead Space’ Co-Creator Departs Startup After Newest Ga
( 33
min )
Investors should watch the $260 level for the EV maker's share price. A close below that could mean additional declines.
( 22
min )
The deal will immediately boost earnings—and it provides some new growth options for Splunk.
( 22
min )
The current strike will likely reset the domestic bar on labor costs.
( 22
min )
Massive net-lease REIT W.P. Carey plans to exit the office space – and it may just create some opportunities in Dallas-Fort Worth and across Texas.
( 20
min )
Even by the standards of electric-vehicle startups, the $40 billion market value of Vietnamese electric-vehicle startup VinFast is wild. The good news for investors is that the stock is about to get easier to be
( 24
min )
The $19 billion transaction was was approved at a unit holder meeting Thursday, despite some investor opposition to the deal.
( 22
min )
The sale had come under scrutiny with one of the top holders in Magellan, Energy Income Partners LLC, saying in June that it would vote against the deal, due to a burdensome tax structure. Independent proxy advisory firms Glass Lewis & Co and ISS had recommended a vote in favor of the sale. Magellan, in its proxy, cautions that the merger is not conditioned on the compensation vote and that if the acquisition is approved, the executive compensation is payable.
( 32
min )
Some of the shine is wearing off shares of Nvidia and other U.S. semiconductor companies after a stunning 2023 rally, as investors weigh steep valuations, rising Treasury yields and signs of industry unease. Chip stocks soared to start the year, with the Philadelphia SE Semiconductor index rising over 50% through July. No stock symbolized the chip industry's success more than Nvidia, whose shares tripled in 2023 as the company's market value topped $1 trillion, driven by excitement over the central role of the company's products in artificial intelligence applications.
( 33
min )
(Bloomberg) -- Bond investors’ pain isn’t over yet, even though the Federal Reserve is done raising interest rates, said Bill Gross, the former chief investment officer of Pacific Investment Management Co.Most Read from BloombergIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsEx-Goldman Bankers Make a Fortune With Controversial Bet on Coal‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsPassalacqua in Italy’s Lake Como Is Named Best Hotel in the WorldIn an investment outl
( 32
min )
The S&P 500's monthslong drop turned into a nosedive in the past week. The index could tumble 7% to 4075.
( 22
min )
Shares of Cisco Systems fell nearly 4% in early trading after the networking-equipment company announced a $28 billion deal to buy analytics-and-security software company Splunk.
Splunk
( 22
min )
Enphase Energy upgraded, Brighthouse downgraded: Wall Street's top analyst calls
( 35
min )
Since coming on the scene, cryptocurrencies have fired the imaginations of online traders, currency speculators, and mathematicians alike. The leading digital currency, bitcoin, is currently priced at approximately $26,550 per coin, representing a ~60% increase year-to-date. And it looks like bitcoin will see a strong upward pressure on that price over the next year. The bitcoin algorithm has a built-in halving mechanism, whereby the reward given to miners for solving a blockchain link is cut in
( 35
min )
(Bloomberg) -- Oil erased an earlier decline after Russia said it would ban gasoline and diesel exports from Thursday. Most Read from BloombergIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsEx-Goldman Bankers Make a Fortune With Controversial Bet on Coal‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsPassalacqua in Italy’s Lake Como Is Named Best Hotel in the WorldBrent futures traded little changed above $93 after earlier falling as much as 1.4%. Diesel futures in Euro
( 32
min )
Networking-equipment giant Cisco Systems has struck a $28 billion deal to buy analytics and security software company Splunk.
( 27
min )
Seaport analyst Tom Curran upgraded shares of solar-tech firm Enphase to Buy from Neutral, and set a $185 price target—about 50% above the current market price.
( 22
min )
Cisco is buying the cybersecurity firm Splunk in a $28 billion deal as it bolsters its defenses against potential security threats that may be heightened by the widening use of artificial intelligence. The Silicon Valley tech giant will pay $157 per Splunk Inc. share. “Our combined capabilities will drive the next generation of AI-enabled security and observability,” Cisco Chair and CEO Chuck Robbins said in a prepared statement.
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min )
Cisco Systems will acquire the cybersecurity and data analytics company for $157 a share in cash.
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Cisco Systems said on Thursday it would acquire cybersecurity company Splunk for about $28 billion. Cisco's offer price of $157 per share in cash, represents a premium of about 31% to Splunk's closing price on Wednesday. Upon the closing of the deal, Splunk CEO Gary Steele will join Cisco's executive leadership team reporting to Cisco CEO Chuck Robbins.
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Google executives have had extensive discussions about dropping Broadcom as a supplier of artificial-intelligence chips as early as 2027, according to a report.
( 22
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A major change coming in 2027 could boost the retirement savings of millions of lower- and middle-income Americans. The federal government will start matching 50% of retirement account contributions up to $2,000 per year through the new Saver’s Match program. This money injects funds directly into savers’ accounts rather than simply reducing tax bills. For […] The post The Federal Government Will Match Your Retirement Plan Savings By 50%. Here's Who Qualifies. appeared first on SmartReads by Sma
( 33
min )
FedEx reports better-than-expected fiscal first-quarter earnings, Klaviyo shares decline after the stock rises 9% in its trading debut, and KB Home posts an earnings beat and raises its fiscal-year revenue forecast.
( 22
min )
(Bloomberg) -- Canada, home to the world’s third-largest crude deposits, is poised to reshuffle global oil flows next year.Most Read from Bloomberg‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsCanada Pulls Diplomats, India Suspends Visas in Escalating FightPassalacqua in Italy’s Lake Como Is Named Best Hotel in the WorldEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingThe nearly completed expansi
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min )
The family of a man who died after driving his car off a collapsed bridge while following directions from Google Maps is suing the technology giant for negligence.
( 32
min )
Alphabet-owned Google's executives have discussed dropping Broadcom as a supplier of artificial intelligence (AI) chips as early as 2027, The Information reported on Thursday.
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min )
(Bloomberg) -- Stocks in Asia fell and the dollar strengthened Thursday after the Federal Reserve signaled interest rates will be higher for longer.Most Read from Bloomberg‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsPassalacqua in Italy’s Lake Como Is Named Best Hotel in the WorldVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingFed Set to Pause Rate Hikes, But Don’t Count Out Another IncreaseStocks Fall as Yields Rise on Fed’s ‘Hawkish Skip’: Markets WrapBe
( 34
min )
An ex-Alameda employee claims a trader at the firm punched in a wrong decimal which led to bitcoin's 87% drop on Binance.US in 2021.
( 32
min )
Utilities have been staggered by rising bond yields and interest rates. Now we’re closer to the end of that regime than the beginning.
( 22
min )
As China's stock market struggles to recover, regulators have started to probe some hedge funds and brokerages on quantitative trading strategies amid a growing outcry against a sector able to profit from share price falls and volatility, sources said. The China Securities Regulatory Commission (CSRC) has checked with several major brokers over the past weeks about short-selling activities and trading strategies of their quant clients - funds that trade rapidly using derivatives and data-driven computer models, two people with direct knowledge of the probe said. Separately, the Shanghai and Shenzhen stock exchanges, under the CSRC's guidance, have sought information from major quant funds on their money-making strategies, another source said.
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Four years after it was created, Truist Financial is finally dealing with the issues that have damaged it. The case for investing now.
( 21
min )
(Bloomberg) -- While Chinese tech companies have long harbored ambitions to move into the electric car industry, EV upstart Nio Inc. has gone the other way — on Thursday releasing its first mobile phone. Most Read from Bloomberg‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingFed Set to Pause Rate Hikes, But Don’t Count Out Another IncreaseNearly Half of All Young Adults Live With Mom and Dad — and They Like ItSto
( 33
min )
Shares of companies that treat everything from Type 2 diabetes to sleep apnea have been sinking since new weight-loss medications skyrocketed.
( 27
min )
(Bloomberg) -- Apple Inc.’s major suppliers in Taiwan suffered another double-digit sales decline in August as weak consumer demand dragged down the wider electronics industry.Most Read from BloombergPassalacqua in Italy’s Lake Como Is Named Best Hotel in the WorldVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the Making‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsFed Set to Pause Rate Hikes, But Don’t Count Out Another IncreaseStocks Fall as Yields Rise on Fed’s ‘H
( 32
min )
Discover how Warren Buffett spends his multibillion-dollar fortune and amassed his $134 billion net worth, which grew by over $16 billion this year.
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min )
Debt-free co-workers say they made sacrifices and smart choices, and they have little patience for sob stories.
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min )
Here's what United Auto Workers members make, plus CEO compensation of the Detroit 3 execs.
( 33
min )
Explore gold mine grading, what defines a high-grade gold mine, and where the highest-graded mines in the world are found.
( 21
min )
A qualifying event allows you to change an existing health insurance policy, or sign up for a new one, outside of open enrollment periods.
( 19
min )
Medicare tax is a federal employment tax that funds a portion of the Medicare insurance program.
( 22
min )
Today's best CD rate is 5.80%, available from either The Federal Savings Bank for a 1-year term or Credit Human for a take-your-pick term between 12 and 17 months.
( 19
min )
You can get a personal loan while you are still in your repayment period for Chapter 13 bankruptcy, but it’s difficult. Learn how regulations vary between states,
( 23
min )
You can use a personal loan to pay for a wedding or any wedding-related cost, before or after your wedding. Learn how personal loans work and what they can cover.
( 22
min )
Personal loans are among the types of financial product veterans can get, although there are no personal loans specifically designed for disabled veterans.
( 23
min )
Several factors can shrink your monthly Social Security benefits payment. Here are three of the most common.
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min )
When you turn 65, you have to decide whether or not to enroll in Medicare. This guide provides answers for people who are still employed.
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min )
It may look like an arcade game, but the “dot plot” and other charts released by the Federal Reserve hold clues to how much you’ll pay for a mortgage, and even how likely it is you’ll be laid off.
( 20
min )
Speculators have amassed $600 billion in net short positions in U.S. Treasury futures, a leveraged trade that poses possible wider bond market risks if there's a government shutdown.
( 19
min )
Sovereign defaults occur when a nation can't pay its debts and is technically bankrupt, and they're more common than you might think. Learn more about their impact.
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min )
If your job involves a lot of communications, math, or finance, it could be vulnerable to being disrupted by AI, if it hasn’t already.
( 18
min )
Tesla and foreign automakers could gain from the Big Three’s losses amid the UAW strike, according to Wedbush analysts.
( 17
min )
U.S. equities tumbled, with the S&P 500 falling 1.6% on Thursday, Sept. 21, 2023 amid concerns about rising interest rates following the Fed's comments Wednesday indicating that interest rates could stay higher for longer.
( 16
min )
The national debt is the total that a country owes to its creditors. This includes debt held by the public and intragovernmental debt in the United States.
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The collapse in demand for commercial office space spawned by the pandemic-related rise in "work from home" led real estate investor W.P. Carey to exit the business entirely.
( 17
min )
Microsoft has announced that its AI-driven "Copilot" tool is set to ship to users in the next two weeks for $30 per month.
( 18
min )
Kondratiev Wave is a long-term economic cycle, believed to result from technological innovation, that produces a long period of economic prosperity.
( 20
min )
Buying an engagement ring is a major step in a relationship. If you don’t have money saved up, you may want to get a personal loan to buy an engagement ring.
( 22
min )
When a government spends more than it brings in as tax revenue, it often must issue debt in the form of government bonds to raise more. Learn how national debt works.
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min )
The reasons for a delay in getting your tax refund can range from incorrect information on your tax forms to a debt offset or even identity theft.
( 25
min )
Shares of Raymond James Financial declined after the financial firm reported a drop in client assets under management in August, which it blamed on falling stock prices.
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min )
Evolutionary economics proposes that economic processes evolve and are determined both by individuals and society as a whole.
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min )
Governments have options to reduce national debt, which include raising taxes and cutting spending.
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min )
An X-mark signature is made by a person who is unable to append a full signature to a document due to illiteracy or disability.
( 19
min )
A direct consolidation loan is a type of direct loan that combines two or more federal education loans into a single loan.
( 24
min )
Broadcom shares dipped on news Google could move to in-house TPUs as early as 2027 as the scramble for AI market share intensifies.
( 17
min )
The Low Income Home Energy Assistance Program (LIHEAP) offers utility bill assistance for low-income people. Learn how LIHEAP works and who benefits.
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min )
The U.S. debt grows every year. How does national debt affect you?
( 25
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The White House and Supreme Court have taken opposing positions on student loan forbearance. Learn what's in store for student borrowers with the SAVE plan.
( 24
min )
U.S. equities sank at midday on Thursday, Sept. 21, 2023 after the Fed suggested interest rates would likely remain higher for longer and weekly unemployment claims dropped.
( 16
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The Bank Panic of 1907 was a set of bank runs and bankruptcies that led industry leaders to draft the first version of the Federal Reserve System.
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The U.K. bank rate is currently at its highest since 2007, and any hike will especially hurt homeowners because British mortgages typically only have fixed rates for five years, as opposed to the 30 years common in the U.S.
( 18
min )
The CME FedWatch Tool provides the probabilities for Fed rate changes. The tool is based on prices for fed funds futures.
( 23
min )
A student loan consolidation can save you money on your student loans, but there are some pros and cons to consider.
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CrowdStrike Holdings boosted its outlook for subscription gross margin and operating margin over the next three to five years as demand for protections against cyber attacks grows.
( 17
min )
Our comparison of Costco vs. Sam’s Club reveals some similarities and surprising differences in pricing, products, services, membership fees, and savings.
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FedEx shares jumped after reporting better-than-expected profit as it cut costs and gained customers from rivals.
( 17
min )
Existing home sales dropped 0.7% in August to a seven-month low amid high prices and mortgage rates, and low inventory, a National Association of Realtors report showed.
( 18
min )
Student debt refers to loans used to pay for college tuition and repaid after the student graduates or leaves school.
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Learn about the various types of life insurance (term life, whole, universal variable, and final expense) and how to decide which is best for you.
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Unlike term life insurance, whole life policies cover you for life and let you build savings in a cash value that you can tap for future needs.
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Whole life insurance is permanent life insurance that pays a benefit upon the death of the insured and is characterized by level premiums and a savings component.
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Nio launched a smartphone that can be used with its cars, as the Chinese EV maker struggles to boost revenue.
( 17
min )
Cisco Systems will buy cybersecurity software company Splunk for $157 per share in cash, or approximately $28 billion in equity value, in a move that analysts see as an "aggressive strategic play in cybersecurity."
( 17
min )
OpenAI unveiled Dall-E 3, the latest iteration of its text-to-image AI tool that integrates with ChatGPT prompts, has better risk mitigation, and provides more elaborate images, as the competition to provide more sophisticated AI tools heats up.
( 17
min )
A noncancellable insurance policy can't be canceled by an insurance company, nor can premiums be increased or benefits reduced while you pay premiums.
( 21
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A subject offer is one that is intended to be informational in nature. It doesn't represent a firm commitment to sell but is subject to a counteroffer.
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min )
Working a second job can bring in more money, but the costs of that second job need to be considered.
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min )
A nontariff barrier is a trade restriction–such as a quota, an embargo, or a sanction–that countries use to further their political and economic goals.
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Stock compensation refers to the practice of rewarding employees with stock options that will vest, or become available for purchase, at a later date.
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min )
Medicare supplement insurance, also known as Medigap, is private insurance sold to complement original Medicare coverage.
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De prijzen van koopwoningen zijn vorige maand opnieuw iets gestegen ten opzichte van de maand ervoor. Wel zijn de prijzen beduidend lager dan een jaar eerder.
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min )
Ambulancemedewerkers kunnen uitkijken naar een loonsverhoging van 15 procent over 24 maanden. Dat is de uitkomst van de onderhandelingen tussen vakbonden FNV Zorg & Welzijn, CNV Zorg & Welzijn en Ambulancezorg Nederland.
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De Tweede Kamer wil de geplande verhoging van de brandstofaccijns met een jaar uitstellen. Daarmee wil de Kamer voorkomen dat automobilisten volgend jaar meer gaan betalen aan de pomp. Ook moet de energiebelasting met 200 miljoen euro omlaag.
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De 'graanruzie' tussen Polen en Oekraïne escaleert. Behalve dat Polen geen Oekraïens graan toelaat in het land, kondigde de Poolse premier Mateusz Morawiecki donderdag aan geen wapens meer te leveren aan Oekraïne. Wat is er aan de hand?
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De Tweede Kamer wil niet dat het openbaar vervoer volgend jaar duurder wordt. Vrijwel alle partijen roepen het demissionaire kabinet op de verwachte prijsstijgingen in het regionaal ov en bij de NS te voorkomen.
( 4
min )
Het planetarium van Eise Eisinga in het Friese Franeker wordt druk bezocht sinds het dinsdag de UNESCO-werelderfgoedstatus heeft gekregen, zegt directeur Adrie Warmenhoven. Het aantal bezoekers is sindsdien verdubbeld.
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min )
Na een serie van veertien renteverhogingen in strijd tegen de hoge inflatie heeft de Bank of England besloten om de rente nu toch onveranderd te laten. Hiertoe besloot de Amerikaanse Federal Reserve woensdag ook al.
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Tientallen supermarkten vinden dat ze in juni te weinig vergoeding hebben gekregen voor het inzamelen van statiegeldflessen en -blikjes. Ze willen daarom een aanvullende compensatie van Statiegeld Nederland. Dat bevestigt de organisatie na berichtgeving van de NOS.
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min )
Bewindvoerders van BCC hebben een faillissement aangevraagd, meldt RTL Nieuws. Vanwege oplopende kosten en bezuinigingen door klanten valt het doek nu voor de elektronicaketen.
( 3
min )
Schiphol gaat met zijn zes bagageafhandelaars aan de slag om het werk in de bagagehallen lichter te maken. De partijen hebben een gezamenlijk plan ingediend bij de Nederlandse Arbeidsinspectie.
( 3
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Nederlandse vissers lijden ook in 2023 verlies. Dat komt vooral door de hoge brandstofprijzen. Die zijn weliswaar wat gedaald ten opzichte van de pieken in 2022, maar nog steeds te hoog om het vissen winstgevend te maken.
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min )
De Fremantle Highway, waarop eind juli brand uitbrak, verlaat donderdag de Eemshaven. Het vrachtschip, dat was volgeladen met auto's, wordt eerst naar Rotterdam versleept en zal bij scheepsbouwer Damen afmeren.
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min )
Automaker Volvo zal binnenkort geen dieselauto's meer produceren. Het bedrijf heeft aangekondigd dat begin 2024 de laatste auto die op diesel rijdt uit de fabriek rolt. In 2030 zal Volvo alleen nog maar elektrische auto's produceren.
( 3
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Nederlandse vissers lijden ook in 2023 verliezen. Dit komt vooral door hoge brandstofprijzen. Die zijn weliswaar wat gedaald ten opzichte van pieken in 2022 maar nog te hoog om winstgevend uit te varen op zoek naar vissen en garnalen.
( 4
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Schiphol gaat de komende tijd samen met de zes bagageafhandelaars aan de slag om het werk in de bagagehallen lichter te maken. De partijen hebben een gezamelijk plan ingediend bij de Nederlandse Arbeidsinspectie.
( 3
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Polen, een van de belangrijkste bondgenoten van de Oekraïeners sinds de Russische invasie, stopt met het leveren van wapens aan Oekraïne. Het land richt zich alleen nog op de eigen verdediging, zei premier Mateusz Morawiecki woensdag.
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Dat de energieprijzen vorig jaar zo hard zijn opgelopen, kunnen we zelfs volgend jaar nog merken. Dit komt doordat bedrijven vaak met flinke vertraging hun eigen hogere energiekosten verwerken in hun prijzen, zegt De Nederlandsche Bank.
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De wachttijden voor operaties lopen op in Limburg. Dat komt door personeelstekorten in de operatiekamers.
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min )
Vorige maand zaten 364.000 mensen werkloos thuis. Dat is 3,6 procent van de beroepsbevolking. Daarmee blijft het aantal werkzoekenden zonder baan zeer klein. Het aantal werkloze jongeren is in de afgelopen maanden wel wat gestegen.
( 3
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De kans dat KPN, Vodafone en Odido begin volgend jaar nieuwe 5G-frequenties kunnen gebruiken, is verkeken. De belangrijke 5G-veiling is opnieuw vertraagd. Telecomproviders balen van het uitstel; ze vrezen dat Nederland zijn status als land met de beste mobiele netwerken verliest.
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Het aantal klachten over ongewenste intimiteiten, vernedering, racisme, uitbuiting en pesten op de werkvloer is bij 10 procent van de Nederlandse bedrijven en organisaties toegenomen. Dat meldt adviesbureau Berenschot na onderzoek.
( 3
min )
Een groep Amerikaanse auteurs klaagt OpenAI, het bedrijf achter ChatGPT, aan. Zij zeggen dat het bedrijf onrechtmatig hun werk gebruikt om de AI-chatbot mee te trainen. Bekende schrijvers hebben zich bij deze groep gevoegd, zoals George R.R. Martin, de schrijver van de boeken van Game of Thrones.
( 3
min )
Het aantal klachten over ongewenste intimiteiten, vernedering, racisme, uitbuiting en pesten op de werkvloer is bij 10 procent van de Nederlandse bedrijven en organisaties toegenomen. Dat meldt adviesbureau Berenschot na onderzoek.
( 3
min )
De kans dat KPN, Vodafone en Odido begin volgend jaar nieuwe 5G-frequenties kunnen gebruiken, is verkeken. De belangrijke 5G-veiling is opnieuw vertraagd. Telecomproviders balen van het uitstel; ze vrezen dat Nederland zijn status als land met de beste mobiele netwerken verliest.
( 5
min )
CDs are already paying 20-year record rates, offering as much as 5.80%. But will they climb higher still? Today's Fed announcement provides some clues.
( 17
min )
Today's best CD rate is 5.80%, available from either Credit Human for a take-your-pick term between 12-17 months, or from The Federal Savings Bank for a 12-month term.
( 19
min )
The S&P 500 lost almost 1%, while the Dow and Nasdaq also fell on Wednesday, Sept. 20, 2023, after the Federal Reserve indicated it could raise interest rates again this year.
( 17
min )
The Department of Education has forgiven the federal student loans of University of Phoenix students who said they were misled by a 2012 ad campaign promising job opportunities.
( 17
min )
Klaviyo shares rose just over 9% on their first day of trading after the marketing automation firm priced its shares above its marketed range at $30.
( 18
min )
The Michigan Consumer Sentiment Index (MCSI) is a monthly survey that gathers information on American consumer expectations regarding the overall economy.
( 20
min )
The U.S. Securities and Exchange Commission tightened rules to enforce greater alignment between a fund's name and its portfolio, in a move that could impact 75% of investment funds in the U.S. managing trillions of dollars in assets.
( 19
min )
A dragonfly doji is a candlestick pattern that signals a possible price reversal. The candle is composed of a long lower shadow and an open, high, and close price that equal each other.
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min )
The Monetary Union Index of Consumer Prices (MUICP) is an aggregate measure of consumer inflation for all countries located in the Eurozone.
( 22
min )
Shares of Textron took off on Wednesday after the aircraft maker expanded its deal to sell planes to Berkshire Hathaway-owned private jet provider NetJets.
( 17
min )
If you’re waiting for interest rates on mortgages, car loans, credit cards, and other kinds of credit to fall significantly, don’t hold your breath.
( 18
min )
Most people (78%) support homebuilding as limited supply pushes home prices higher, but few have positive feelings about a new apartment complex in their neighborhood, according to a Redfin survey.
( 18
min )
Before committing to a purchase, buyers need to visualize a property as their future home. Skilled home staging can help them do that.
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While Amazon aims to bring on 250,000 seasonal employees, others employers aren’t raising hiring levels, and some haven’t even set targets yet. By one estimate, that could result in slowest holiday hiring since 2008.
( 19
min )
Asset allocation is the process of deciding where to put money to work in the market. It addresses your goals, your risk tolerance, and your investment horizon.
( 23
min )
Unions for workers at Apple's retail stores in France have called for a strike this weekend, just in time for the launch of the company's new iPhone 15.
( 17
min )
The Medicare Part B premium is a monthly fee parfticipants pay for subsidized insurance coverage of outpatient healthcare services.
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The Federal Reserve has passed up a chance to throw more sand into the economy’s gears, declining to hike its benchmark interest rate for a 12th time in its year-and-a-half-long battle against inflation.
( 19
min )
Battery electric vehicles (BEV) accounted for a record 21% of all new car registrations in the European Union (EU) in August, the European Automobile Manufacturers' Association (ACEA) said Wednesday.
( 19
min )
Boeing on Wednesday raised its demand outlook for China, which could bode well for the country's e-commerce retailers including Alibaba, JD.com, and Pinduoduo.
( 18
min )
U.S. equities were mixed and bond yields fell at midday on Wednesday, Sept. 20, 2023, ahead of the Fed's decision on interest rates.
( 18
min )
Shares of General Mills were lower Wednesday after the breakfast food giant's profit fell as it lost market share, especially in North America.
( 17
min )
Bank of America raised its outlook for the S&P 500 this year, in part because of anticipated benefits from artificial intelligence.
( 16
min )
If you’re looking for a flexible way to earn more interest on your savings, Fidelity Investment’s Cash Management Account offers a modest APY and unique perks worth considering.
( 22
min )
An exclusive listing is an agreement in which one real estate broker is authorized to act as the sole agent of the seller. Learn how exclusive listings work.
( 27
min )
Eli Lilly sued 10 medical spas, wellness centers, and compounding pharmacies across the U.S. for allegedly selling fraudulent products claiming to be its popular diabetes drug, Mounjaro.
( 18
min )
CD rates have still been rising in several terms—setting a handful of new records. But rates are flat or fading in other terms. Is it a sign the CD rate party is winding down?
( 18
min )
Ford and Canadian labor union Unifor agreed on a last-minute deal that averted strike action in Canada, while striking workers in the U.S. warned of further action.
( 17
min )
Real property includes a parcel of land and everything permanently attached to the land, plus the rights inherent in ownership of the real estate.
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min )
Agribusiness is the business sector encompassing farming and farming-related commercial activities.
( 23
min )
Find out about the top 10 wealthiest families in the world and how they made their fortunes.
( 25
min )
The Cox-Ingersoll-Ross model is a mathematical formula used to model interest rate movements and is driven by a sole source of market risk.
( 23
min )
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CDs are already paying 20-year record rates, offering as much as 5.80%. But will they climb higher still? Today's Fed announcement provides some clues.
( 19
min )
Brent crude could hit $120 a barrel, marking a 60% jump over the second half of 2023, JPMorgan warned.
( 33
min )
(Bloomberg) -- Instacart, the US grocery-delivery giant that soared by as much as 43% in its trading debut Tuesday, has now wiped out virtually all of those gains as investors question its growth prospects.Most Read from BloombergVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingFed Set to Pause Rate Hikes, But Don’t Count Out Another IncreaseTrudeau’s Murder Claim Risks Upending US Courtship of IndiaStocks Fall as Yields Rise on Fed’s ‘Hawkish Skip’: Markets WrapDollar Rally
( 32
min )
A legal team that forced Tesla's directors to agree in July to return more than $700 million in compensation to the automaker for allegedly overpaying themselves are now seeking a huge payday of their own. The lawyers want a judge to approve $229 million in fees, or $10,690 an hour, according to a Sept. 8 filing in Delaware's Court of Chancery. The sum would be distributed among lawyers from four firms that spent several years building a case against the compensation paid to Tesla's directors from 2017 to 2020.
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min )
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Klaviyo shares rose just over 9% on their first day of trading after the marketing automation firm priced its shares above its marketed range at $30.
( 18
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(Bloomberg) -- The seemingly low-stakes world of text and email customer messaging revealed some big fortunes Wednesday, as marketing technology firm Klaviyo Inc. began trading in New York. Most Read from Bloomberg‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsPassalacqua in Italy’s Lake Como Is Named Best Hotel in the WorldVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingNearly Half of All Young Adults Live With Mom and Dad — and They Like ItFed Set to Pause
( 32
min )
FedEx raised the lower end of its full-year adjusted profit forecast on Wednesday as it benefited from problems experienced by rivals UPS and Yellow. FedEx's shares rose 4% to $261.38 after the bell. The company, which has been slashing costs to protect profits, has also benefited as some worried UPS customers shifted packages to the FedEx network ahead of the Aug. 1 expiration of that rivals' contract covering about 340,000 United Brotherhood of Teamsters-represented workers.
( 32
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Investors would do better taking an equal-weighted approach to buying the S&P 500, a Bank of America strategist says.
( 22
min )
The company has been under pressure for months to consider splitting its business in two.
( 22
min )
Following a lawsuit against FTX Trading founder Sam Bankman-Fried's parents alleging that Stanford University received millions of dollars in donations from the now-collapsed cryptocurrency exchange, the school says it will return the funds of all gifts collected from FTX and related companies. Lawyers for FTX on Monday accused Allan Joseph Bankman and Barbara Fried of exploiting their influence over their son to siphon millions from the company, while spending lavishly on a luxury home as well as funneling contributions to “pet causes” — and Stanford University.
( 32
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(Bloomberg) -- More colleges and universities in the US are headed for closures or mergers, with enrollment declining across higher-education institutions, according to Fitch Ratings Inc.Most Read from BloombergVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingFed Set to Pause Rate Hikes, But Don’t Count Out Another IncreaseTrudeau’s Murder Claim Risks Upending US Courtship of IndiaDollar Rally Is Crushing One of the Most Popular Trades of 2023A handful have already shuttered
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The family of a North Carolina man who died after driving his car off a collapsed bridge while following Google Maps directions is suing the technology giant for negligence, claiming it had been informed of the collapse but failed to update its navigation system. Philip Paxson, a medical device salesman and father of two, drowned Sept. 30, 2022, after his Jeep Gladiator plunged into Snow Creek in Hickory, according to a lawsuit filed Tuesday in Wake County Superior Court. Paxson was driving home from his daughter’s ninth birthday party through an unfamiliar neighborhood when Google Maps allegedly directed him to cross a bridge that had collapsed nine years prior and was never repaired.
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Shares of semiconductor giant Intel (NASDAQ:INTC) fell by 4.5% on Wednesday, following disquieting remarks made by the company's CFO, David Zinser, at the Innovation Conference held on Tuesday. Zinser indicated that Intel is more than a year away from reaching a break-even point in operating cash flow, a statement that came as a surprise given the company's ongoing efforts to revitalize its chip business.
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Brent crude futures, the international benchmark, have jumped over the past month to a recent $93 per barrel.
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When it comes to remote work (and whether it’s actually as productive as being in the office), the problem boils down to differences in perspective.
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The Fed is meeting today to decide whether to again raise rates as it battle inflation. Here's what it means for interest rates and mortgages.
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Warren Buffett had some advice for American Express CEO Steve Squeri at the start of the pandemic.
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CD rates have still been rising in several terms—setting a handful of new records. But rates are flat or fading in other terms. Is it a sign the CD rate party is winding down?
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D.A. Davidson analyst Tom Forte and Citi analyst Ronald Josey raised their ratings on the social-media company to Buy from Neutral.
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Dividend stocks are the multi-purpose tool of the markets. They offer investors a two-pronged path towards profitable returns, including a measure of defense against tough market conditions along with a steady source of passive income. It’s an attractive combination. The best dividend stocks will give an inflation-beating income based on the dividend alone, backing it up with a long-term history of reliable payments. It’s a win-win situation for investors: when the stock goes up, you’ll make mon
( 35
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Intel has delivered a series of artificial-intelligence chip announcements, but one disclosure from its technology conference was poorly received by Wall Street analysts.
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(Bloomberg) -- Russian diamond miner Alrosa PJSC paused sales for two months, citing weak market conditions.Most Read from BloombergVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingTrudeau’s Murder Claim Risks Upending US Courtship of IndiaF-35 Debris Found After a $100 Million Fighter Jet Went MissingIndia, Canada Trade Diplomatic Blows Over Murder AllegationsThe miner is temporarily halting the allocation of rough diamonds in September and October, Alrosa said in a memo to
( 32
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Director Harry L. You just bought $860,000 of Broadcom stock. It was the second large stock purchase by an insider at the chip maker this year.
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Instacart’s IPO could provide a win-win for the grocery delivery service and its employees, thanks to a unique stock option provision.
( 32
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Instacart shares stumble a day after their solid trading debut, Ford reaches a tentative deal with its Canadian autoworkers, and Pinterest shares are upgraded after a solid forecast from the social-media company.
( 22
min )
RBC Capital Markets initiated coverage of the company with a Buy rating and a price target implying the stock could rise close to 30%.
( 22
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Why are gas prices so expensive? When will gas get cheaper? Where can you get the cheapest gas? Here's what you need to know.
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(Bloomberg) -- A former Wall Street trader who became the head of a major crypto company has been caught up in allegations about drug use and his relationship with a 19-year-old intern at a Bitcoin conference last year as part of a lawsuit filed by a former colleague. Most Read from BloombergVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingTrudeau’s Murder Claim Risks Upending US Courtship of IndiaF-35 Debris Found After a $100 Million Fighter Jet Went MissingDollar Rally Is
( 33
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(Bloomberg) -- For active managers, the math is stark. Out of thousands of mutual funds, literally only one beat the Nasdaq 100 over the last five, 10 and 15 years. It did so by boiling down stock picks to about two dozen companies and riding almost all of them to gains.Most Read from BloombergVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingTrudeau’s Murder Claim Risks Upending US Courtship of IndiaF-35 Debris Found After a $100 Million Fighter Jet Went MissingDollar Rally I
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Factory workers want more pay and less hours, but that’s at odds with how U.S. manufacturers of cars, aircraft and semiconductors have lost ground.
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Generative AI burst onto the scene last November, and fueled a boom in tech stocks – a boom that effectively ended last year’s bear and sparked off this year’s market rally. But some headwinds are starting to pile up, and some market bigwigs are predicting a crash on the horizon. Ken Griffin, the billionaire investor and founder of Citadel, is downbeat on the near term, saying, “I’d like to believe that this rally has legs, [but] I’m a bit anxious we’re in the seventh or eighth inning of this ra
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The S&P 500 is up 15.7% so far this year, largely driven by a rally in a handful of mega-cap growth stocks such as Nvidia and Meta that have ridden the artificial intelligence (AI) boom. While the rally has been moderating, BofA remains in "neutral" to "positive" territory on U.S. stocks, with a bias towards equal-weighted stocks, strategists led by Savita Subramanian said. An equal-weight index assigns uniform weights to each constituent, unlike a market capitalization-based index, like the S&P 500, where bigger companies tend to have an outsized influence.
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Lennar, a homebuilder ranked No. 119 on the Fortune 500, is presently promoting a "fixed [mortgage] rate of 4.25%" in Colorado.
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min )
Both payment companies have been struggling in a post-Covid world.
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(Bloomberg) -- A top-performing equity fund with years-long investments in the insulin makers behind the recent weight-loss stock frenzy is betting the rally has further to run.Most Read from BloombergVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingTrudeau’s Murder Claim Risks Upending US Courtship of IndiaF-35 Debris Found After a $100 Million Fighter Jet Went MissingIndia, Canada Trade Diplomatic Blows Over Murder AllegationsNovo Nordisk A/S and Eli Lilly & Co. are among t
( 33
min )
Pinterest (NYSE:PINS) was raised to Buy/High Risk from Neutral at Citi on Wednesday with a $36.00 price target, up from the prior $31.00.
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(Bloomberg) -- It’s touted by some as possibly the world’s biggest-ever deep-water oil find. Most Read from BloombergVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingF-35 Debris Found After a $100 Million Fighter Jet Went MissingTrudeau’s Murder Claim Risks Upending US Courtship of IndiaIndia, Canada Trade Diplomatic Blows Over Murder AllegationsThe discovery off the shores of Namibia last year by TotalEnergies SE and Shell Plc of an estimated 11 billion barrels of crude has
( 36
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Shares of HDFC Bank fell 3% on Wednesday after the country's top private lender said its completed merger with HDFC Ltd would affect some key financial ratios. The bank expects pressure on its net interest margins (NIM) and a rise in non-performing assets (NPA), according to analyst reports following an analyst meet earlier this week.
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(Bloomberg) -- Equity-linked debt issuance by Asian firms is set for its busiest quarter since March 2022, with a $1 billion convertible bond from Chinese electric-vehicle maker Nio Inc. adding to signs of growing demand for the hybrid instruments.Most Read from BloombergVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingF-35 Debris Found After a $100 Million Fighter Jet Went MissingTrudeau’s Murder Claim Risks Upending US Courtship of IndiaIndia, Canada Trade Diplomatic Blows
( 32
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NIO’s Hong Kong shares fell following an overnight drop in U.S.-listed shares after the Chinese electric-vehicle maker said it would raise $1 billion via a bond issuance.
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Canadian union Unifor said on Tuesday evening that it had reached a tentative agreement with Ford Motor. Unifor, which represents about 5,600 Canadian auto workers, were threatening to go on strike at all three of Ford's plants in the country if a deal was not reached by 11 59 p.m. on Tuesday (0359 GMT on Wednesday).
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Oil prices fell nearly $1 on Wednesday ahead of the U.S. Federal Reserve's interest rate decision, with investors uncertain when peak rates will be hit and how much of an impact it will have on energy demand. Prices fell despite a bigger-than-expected draw in U.S. oil stockpiles and weak U.S. shale output that indicated tight crude supply for the rest of 2023. Global benchmark Brent crude futures were last down 88 cents, or 0.9%, at $93.46 a barrel by 0650 GMT.
( 33
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Bitcoin rose on Wednesday morning in Asia to trade above US$27,200. Ether remained flat at around US$1,640. All other top 10 non-stablecoin tokens logged gains.
( 33
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Chinese electric vehicle maker Nio Inc said on Wednesday it had raised $1 billion in a two-tranche convertible bond from which it intends to use the proceeds to pay down debt and strengthen its balance sheet. The company raised $500 million in a six-year put-four convertible bond and the same amount in a seven-year put-five bond. The bonds will be senior, unsecured notes.
( 32
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Philip Morris is considering selling its stake in a recently acquired pharmaceutical business after setbacks.
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De Amerikaanse Federal Reserve heeft de belangrijkste rentestand woensdag ongemoeid gelaten. De koepel van centrale banken maakte lenen het afgelopen anderhalf jaar in elf stappen duurder in de strijd tegen de inflatie. Wel verwachten beleidsmakers dit jaar nog een renteverhoging.
( 4
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De provincie Zuid-Holland blijft worstelen met Chemours. De provincie wil de chemische fabriek in Dordrecht het liefst harder aanpakken, maar loopt daarbij tegen de juridische grenzen aan.
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Wat betekent Prinsjesdag voor jouw koopkracht? Dat kun je bekijken met deze tool.
( 2
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Het lidmaatschap van een vakbond kost al snel twee tientjes per maand. Ondertussen hebben werknemers door de krapte op de arbeidsmarkt meer macht dan ooit. Wat is lid zijn van een vakbond nog waard?
( 5
min )
Meer mensen hebben hun vaste lasten niet op tijd betaald dit jaar in vergelijking met vorig jaar. Het gaat om een toename van openstaande rekeningen voor onder meer zorgpremie en energie.
( 5
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De Europese Commissie heeft woensdag een voorstel gedaan om de omstreden onkruidverdelger glyfosaat nog eens tien jaar toe te staan. Als een ruime meerderheid van de EU-landen zich er niet tegen verzet, kan het bestrijdingsmiddel tot minstens 2033 worden gebruikt.
( 3
min )
Het lidmaatschap van een vakbond kost al snel twee tientjes per maand. Ondertussen hebben werknemers door de krapte op de arbeidsmarkt meer macht dan ooit. Wat is lid zijn van een vakbond nog waard?
( 4
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De provincie Zuid-Holland heeft aangifte tegen Chemours gedaan omdat het een stof illegaal loost. Daarvoor heeft het chemiebedrijf uit Dordrecht geen vergunning.
( 4
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Disney is van plan om de komende tien jaar 60 miljard dollar te investeren in zijn pretparken en cruiserederij. Daarmee hoopt het bedrijf nieuwe klanten te trekken.
( 3
min )
Veel partijen hebben in hun verkiezingsprogramma een verhoging van het minimumuurloon opgenomen, maar daar kleven volgens demissionair premier Mark Rutte risico's aan. Het is duur, is moeilijk te dragen voor de staatskas en kan ook de toch al hoge inflatie verder aanwakkeren, zegt hij.
( 6
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Nederland geeft inderdaad tientallen miljarden euro's per jaar uit aan fossiele subsidies, berekende het demissionaire kabinet op Prinsjesdag. Koren op de molen van de klimaatactivisten op de A12, maar in verkiezingstijd ook op die van demissionair klimaatminister en D66-leider Rob Jetten.
( 4
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Al in de jaren zeventig was bekend dat in het gebied rond Tata Steel veel kankerverwekkende stoffen in de lucht hingen. Maar een rapport daarover van de provincie Noord-Holland en de gemeente Amsterdam raakte snel in vergetelheid.
( 5
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Meer mensen hebben hun vaste lasten niet op tijd betaald dit jaar in vergelijking met vorig jaar. Het gaat om een toename van openstaande rekeningen voor onder meer zorgpremie en energie.
( 4
min )
De prijzen in het Verenigd Koninkrijk zijn afgelopen maand gedaald tot 6,7 procent. De grote vraag is of de Bank of England donderdag de rente alsnog gaat verhogen.
( 3
min )
Twee dagen nadat een adviescommissie heeft geadviseerd de Chemours-fabriek in Dordrecht per direct stil te leggen, vergaderen de Provinciale Staten in Zuid-Holland erover door. Maar een directe sluiting van de fabriek ligt niet voor de hand.
( 3
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Niet eerder sinds het aantreden van koning Willem-Alexander zijn de kosten voor het koningshuis zo hard gestegen. Voor 2024 is ruim 11 procent meer begroot dan voor dit jaar.
( 4
min )
In de eerste helft van dit jaar kwam bijna de helft van de opgewekte elektriciteit uit natuurlijke bronnen, zoals wind en zon. De elektriciteitsproductie uit fossiele bronnen daalde juist ten opzichte van een jaar eerder.
( 4
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Op NU.nl vind je elke dag een stelling die bij het nieuws past. De financiële kabinetsplannen voor aankomend jaar zijn gisteren op Prinsjesdag gepresenteerd. Het demissionaire kabinet trekt onder meer veel geld uit voor armoedebestrijding. Vandaag is de stelling: 'Ik ben tevreden met de kabinetsplannen tegen armoede'.
( 2
min )
Twee dagen nadat een adviescommissie heeft geadviseerd de Chemours-fabriek in Dordrecht per direct stil te leggen, vergaderen de Provinciale Staten in Zuid-Holland erover door. Maar een directe sluiting van de fabriek ligt niet voor de hand.
( 3
min )
Twee dagen nadat een adviescommissie heeft geadviseerd de Chemours-fabriek in Dordrecht per direct stil te leggen, vergaderen de Provinciale Staten in Zuid-Holland erover door. Maar een directe sluiting van de fabriek ligt niet voor de hand.
( 3
min )
All three Instacart cofounders and several early employees took the IPO opportunity to cash out some of their founding equity.
( 33
min )
Intel sees a couple of quarters of "inventory digestion" in the data center chip business.
( 22
min )
The recent decline in the ETH/BTC ratio continues a trend that began more than a year ago.
( 32
min )
Nikola CEO Steve Girsky asked about Tesla when he joined General Motors' board in 2009, and was told Elon Musk's company wasn't a serious threat.
( 32
min )
FTX has sued founder Sam Bankman-Fried’s parents to recover millions of dollars in “fraudulently transferred and misappropriated funds,” the company said in a court filing late Monday.
Joseph Bankman and Barbara Fried, both Stanford Law School professors, “exploited their access and influence withi
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min )
(Bloomberg) -- Instacart co-founder Apoorva Mehta is checking out with a $1.1 billion fortune following the grocery-delivery company’s initial public offering.Most Read from BloombergVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingF-35 Debris Found After a $100 Million Fighter Jet Went MissingIndia, Canada Trade Diplomatic Blows Over Murder AllegationsVanderbilt Rips US News Over Slide in College RankingsMehta, 37, who stepped down as chief executive officer in August 2021,
( 33
min )
Intel sees a couple of quarters of "inventory digestion" in the data center chip business.
( 22
min )
SEC Asks Court To Compel Binance US To Produce Documents
( 32
min )
Apoorva Mehta created Instacart in his bedroom. But he's stepped down as chairman and is now taking on a new target market: healthcare.
( 22
min )
As the auto industry strike grinds on, Here's what UAW workers are asking for from Ford, GM and Stellantis.
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(Bloomberg) -- A New York firm that managed billions of dollars for sanctioned Russian oligarch Roman Abramovich was sued by the Securities and Exchange Commission for not registering as an investment adviser.Most Read from BloombergVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingF-35 Debris Found After a $100 Million Fighter Jet Went MissingIndia, Canada Trade Diplomatic Blows Over Murder AllegationsTrudeau’s Murder Claim Risks Upending US Courtship of IndiaThe SEC filed su
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With elevated interest rates, securing a mortgage to buy a house can be challenging. But what could be more surprising is how the numbers actually work once you start making mortgage payments. "New mortgage math is brutal," Austen Allred, co-founder and CEO of online coding bootcamp Bloom Institute of Technology, wrote in a recent tweet. Allred explained that if you purchase a $1 million house with a $200,000 down payment and get an $800,000 mortgage at a 7% interest rate, in the first three yea
( 33
min )
Charles Schwab has been beset by concerns over deposit outflows and attrition of TD Ameritrade advisors and customers. Those problems may be set to recede.
( 22
min )
In the volatile world of stock trading, healthcare companies Novavax (NASDAQ:NVAX) and Invitae (NYSE:NVTA) have been making headlines as they navigate significant financial challenges. Both firms are taking measures to reduce costs, aiming to improve their financial standing and appeal to a broader range of investors.
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American depositary receipts of Nio sank after the Chinese electric vehicle maker announced the sale of $1 billion in convertible bonds as it struggles to boost revenue.
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Mortgage rates continue to yo-yo, with a two-day rise pushing the 30-year average very close to the 22-year high it registered earlier this month.
( 20
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As part of the United Auto Workers (UAW) union strike against Detroit's Big Three, approximately 13,000 autoworkers recently walked off the job. According to former President Donald Trump, the future looks bleak for America's automotive industry. "The autoworkers will not have any jobs, Kristen, because all of these cars are going to be made in China. The electric cars, automatically, are going to be made in China," Trump told NBC's Kristen Welker during a recent "Meet the Press" interview. "The
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Microsoft (NASDAQ:MSFT), the globally recognized software company, has announced a 10% increase in its dividend payout on Tuesday. This marks the tenth consecutive year of such an increment, reflecting the company's robust financial health and commitment to its shareholders.
( 32
min )
Legendary investor Warren Buffett has achieved astounding returns throughout his career. From 1964 to 2022, his company Berkshire Hathaway Inc. (NYSE:BRK) delivered an overall gain of 3,787,464%, dwarfing the S&P 500's 24,708% return during the same period. Other than picking stocks that skyrocketed in value, Buffett also collects dividends — a lot of dividends. Buffett famously said, "If you don’t find a way to make money while you sleep, you will work until you die." Don’t Miss: Passive income
( 33
min )
When Instacart’s stock starts trading Tuesday, employees will be among those watching the price closely.
One big reason: There’s a provision in the company’s regulatory filing to go public that says if the stock trades at more than 120% of its IPO price for at least five of 10 consecutive trading d
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min )
The software giant has raised its payout for 10 straight years.
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The amount of money tied up in active Bitcoin futures contracts has risen again, to above $3.2 billion, with traders overwhelmingly bullish on cryptos.
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In the early days of the strike, many auto parts suppliers were already worried that it could lead to massive job losses and insolvency.
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Shares of grocery delivery company Instacart are set to start trading on the Nasdaq on Tuesday under ticker "CART" after setting its IPO price at the top of its range at $30 per share, valuing the company at about $10 billion.
( 17
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After deep losses last year, an AI boom has driven the stock market to a rebound in 2023. The biggest winners have been the mega-caps, companies like Alphabet, Microsoft, and Nvidia, whose size, market share, and exposure to AI have attracted investors in droves. The result, according to investing legend Jeremy Grantham, is a decidedly unstable situation, reminiscent of past stock bubbles. Grantham, who is the co-founder of Boston-based GMO, a firm that has ~$58.8 billion of assets under managem
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min )
Parks revenue has long been a bright spot for the company that has helped offset losses from its streaming division and other areas.
( 27
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(Bloomberg) -- Cboe Global Markets Inc. said Edward Tilly has resigned following an investigation that determined the chief executive officer didn’t disclose personal relationships with colleagues. Most Read from BloombergDebris Spotted in Search for Missing US F-35 Fighter JetIndia, Canada Trade Diplomatic Blows Over Murder AllegationsVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingHow Auto Executives Misread the UAW Ahead of Historic StrikeThe derivatives and securities ex
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min )
Walt Disney says it plans to spend $60 billion to expand its theme parks, cruise lines and similar ventures over the next decade. Its shares were down more than 2% shortly after Tuesday's open. Read [more about Disney's plan here](https://www.wsj.com/business/media/disney-to-invest-60-billion-in-the
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min )
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 19, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
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The offering values the delivery firm at $9.9 billion. Instacart starts trading Tuesday on the Nasdaq under the symbol CART.
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min )
Since peaking in July, Royal Caribbean is down 15%, Carnival has fallen 23%, and Norwegian is down 25%.
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min )
Intel could be an AI stock, Melius Research analyst Ben Reitzes writes in a research note.
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Despite elevated Treasury yields and an uncertain Fed outlook, analysts at Wedbush remain bullish on AI driving more gains for tech stocks.
( 22
min )
(Bloomberg) -- There’s an invisible force driving the most popular options trade of the year — one that gives Wall Street pros and day traders alike the power to turn a $1 investment into a $1,000 stock bet.Most Read from BloombergDebris Spotted in Search for Missing US F-35 Fighter JetIndia, Canada Trade Diplomatic Blows Over Murder AllegationsVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingHow Auto Executives Misread the UAW Ahead of Historic StrikeXi’s Missing Defense Chi
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min )
'We like that Dorsey is stepping in to lead Square strategy directly,' analysts at J.P. Morgan wrote in a note following Block's filing.
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min )
Canada's Trans Mountain oil pipeline expansion (TMX), which will nearly triple the flow of crude from Alberta to Canada's Pacific Coast beginning early next year, will shake up North America's supply by diverting barrels now mainly delivered to refiners and exporters in the U.S. Midwest and Gulf Coast. Its startup could add as much as $2 per barrel to prices paid by U.S. Midwest oil refineries that sit along Canada's existing main oil-export route. "They will be competing for barrels that no longer transit through their region," said a Calgary-based oil trader.
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Share of chip-design firm Arm were falling again early Tuesday but majority owner SoftBank was counting its gains from the company's IPO.
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Rising interest rates are boosting risky corporate-loan returns instead of hurting them.
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Nikola and Fisker also have issued convertible bonds recently.
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min )
The stock market is regularly affected by wider macro developments but that only paints part of the picture. While overall market conditions can push any stock down, when you zoom in, you’ll find that every stock writes its own story, with its own reasons for ups and downs, and savvy investors will make sure to do the background research, learning those idiosyncratic reasons, before buying in. Recognizing this, we’ve turned to some of the Wall Street analyst recommendations for pointers on two s
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“The U.S. workforce is among the most stressed in the world, and these workplace stressors can be as harmful to health as obesity."
( 32
min )
NIO plans to raise $1 billion by issuing convertible senior notes, Moderna stock rebounds slightly, and the head of Square, Block's payments platform, is stepping down.
( 22
min )
The Dow Jones Industrial Average, a barometer of Wall Street's health for over 127 years, is considering a reshuffle that may see three of its constituents - Walgreens Boots Alliance (NASDAQ:WBA), Verizon Communications (NYSE:VZ), and Intel (NASDAQ:INTC) - facing removal due to their dwindling share prices. The index, unlike the market cap-weighted indices like the S&P 500 and Nasdaq Composite, is share price-weighted. This means that the higher a component's share price, the more influence it h
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min )
A new report from short-selling research firm S3 Partners shows how much money is being bet against automotive stocks.
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min )
The third quarter is almost over so it's time for a Tesla delivery preview.
( 22
min )
For most of this century, Germany racked up one economic success after another, dominating global markets for high-end products like luxury cars and industrial machinery, selling so much to the rest of the world that half the economy ran on exports. Jobs were plentiful, the government's financial coffers grew as other European countries drowned in debt, and books were written about what other countries could learn from Germany. Now, Germany is the world’s worst-performing major developed economy, with both the International Monetary Fund and European Union expecting it to shrink this year.
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min )
The big wireless carriers are offering aggressive phone deals, but incentive levels are similar to last year.
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min )
(Bloomberg) -- China is witnessing the biggest flight of capital in years, creating concern for authorities as it worsens pressure on the beleaguered yuan. Most Read from BloombergDebris Spotted in Search for Missing US F-35 Fighter JetHow Auto Executives Misread the UAW Ahead of Historic StrikeVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingXi’s Missing Defense Chief Opens Door for US Military TalksTrillion-Dollar Industry Powering Chicago at Risk of LeavingThe currency has
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min )
Electric vehicle maker NIO plans to raise $1.0 billion by issuing convertible senior notes to pare debt and boost its balance sheet.
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min )
The offering values the delivery firm at $9.9 billion. Instacart starts trading Tuesday on the Nasdaq under the symbol CART.
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min )
To help you find the right CD, savings, or money market account, we research 200 financial institutions every business day to unearth the best rates. Here's the criteria we use.
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min )
Today's best CD rate is 5.80%, available from either Credit Human for a take-your-pick term between 12-17 months, or from The Federal Savings Bank for a 12-month term.
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min )
Surrender rights refer to the right to cancel an annuity or life insurance contract in exchange for its cash value.
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min )
Shares of grocery delivery company Instacart gained 12% on their first day of trading, after pricing shares at the top end of its estimate.
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min )
Almost half of CEOs surveyed by edX said most or all of their jobs could be completely automated or replaced by artificial intelligence.
( 17
min )
U.S. equities fell on Sept. 19, 2023, with the S&P 500 Index lost 0.2% after investors' concerns grew that the Federal Reserve would once again raise benchmark rates this year.
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min )
The economic world we’ve gotten used to since 1982—where recessions are few and far between—may be coming to an end, according to an analysis by economists at Deutsche Bank.
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Blockbuster listings for Instacart today and Arm last week may suggest that the sluggish initial public offering market may be turning. However, there may be reason to temper that optimism a little.
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min )
The OECD lowered its forecast for the global economy in 2024 as inflation proves more persistent than expected and a slowdown in China’s economy weighs on growth.
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min )
Disney is doubling its investment in theme parks, cruises, and experiences over the next ten years amid a surge in revenue from its international theme parks.
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min )
Actuarial Age is an individual's life expectancy based on calculations and statistical modeling.
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A level death benefit is an insurance payout that is the same whether the insured person dies shortly after purchasing the policy or many years later.
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If your application for credit is rejected, the creditor owes you an accurate explanation—even if it was an artificial intelligence system or complex algorithm that made the decision, the government’s consumer watchdog says.
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Stock is a security that represents ownership in a corporation. Stock can be either common or preferred. This article discusses the differences between the two.
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A valuation mortality table is a statistical chart used by insurers to calculate the statutory reserve and cash surrender values of life insurance policies.
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New crypto projects emerge frequently, which makes it even more important to know how to assess the market.
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A convertible insurance policy allows the insured to switch a term policy to a permanent policy at a later date.
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Android dominates the market for mobile operating systems, and is the default operating system for more than four-fifths of smartphones sold worldwide while the iOS is more popular in the U.S.
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How you take a 401(k) distribution can greatly impact your taxes. Read about 10 ways to help reduce the taxes you pay on 401(k) withdrawals.
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A good student discount is an auto insurance policy discount for young drivers who earn good grades in school. It's typically available to high school and college students.
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Gap insurance covers the difference between the compensation you receive after a total loss of your vehicle and the amount you still owe on a car loan.
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Still lagging ChatGPT by a wide margin, Google's Bard has received a slew of updates that will make it more relevant to everyday lives.
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U.S. equities dropped at midday on Tuesday, Sept. 19, 2023, as the Fed kicked off its two-day policy meeting, with a decision on interest rates expected on Wednesday.
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Rocket Lab's latest space mission failed two-and-a-half minutes into launch, and shares tumbled.
( 16
min )
American depositary receipts of Nio sank after the Chinese electric vehicle maker announced the sale of $1 billion in convertible bonds as it struggles to boost revenue.
( 17
min )
Mortgage rates continue to yo-yo, with a two-day rise pushing the 30-year average very close to the 22-year high it registered earlier this month.
( 19
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Learn about the real impact of budget deficits on the economy and see why government financing reduces private financing.
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min )
Black, Latina, and Hispanic women investors report more knowledge about investing and retirement planning than five years ago, according to a survey by J.P. Morgan Wealth Management. More than two-thirds surveyed said they started investing to build generational wealth.
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min )
With ongoing bilateral political tensions, lingering Covid-19 disruptions, and macroeconomic pressures, U.S. businesses with operations in China are less optimistic about the business climate in the latter country.
( 17
min )
Derivatives time bomb refers to the severe damage to the financial markets and economy in general that could be caused by a sudden unwinding of massive derivatives positions. The term is attributed to Warren Buffett.
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Shares of grocery delivery company Instacart are set to start trading on the Nasdaq on Tuesday under ticker "CART" after setting its IPO price at the top of its range at $30 per share, valuing the company at about $10 billion.
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A personal loan contract and personal loan agreement accomplish the same task: helping you understand the terms of a money lending contract.
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Even though some lenders might provide you with a loan when you have a 450 credit score, you might have to pay high interest rates and fees, and these loans can be risky.
( 23
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Personal loan rates rose to 21.01% this week, gaining 7 basis points since last week when the average personal loan rate sat at 20.94%.
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Personal loans are available for consumers who went through bankruptcy, but they tend to be expensive overall.
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Learn how to fill out a personal loan application so that you're better prepared to get approved—and get your money—faster.
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If you’re looking to retire down South, learn more about why Chattanooga, TN, Huntsville, AL, and Ocean Springs, MS are great choices for your wallet and your future.
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By guiding families through a comprehensive planning process, financial advisors can help them build a solid foundation for their financial future.
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To count yourself among the nation's top earners, it takes an income of at least six figures. Here's how the numbers break down for each group.
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min )
In de eerste helft van dit jaar kwam bijna de helft van de opgewekte energie uit natuurlijke bronnen, zoals wind en zon. De elektriciteitsproductie uit fossiele bronnen daalde juist ten opzichte van een jaar eerder.
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KLM wil uit voorzorg niet meer door het luchtruim boven Armenië en Azerbeidzjan vliegen vanwege de situatie in Nagorno-Karabach. De luchtvaartmaatschappij moest daarom dinsdag vijf vluchten naar Azië schrappen.
( 3
min )
Nederland raakt uit een recessie en behoudt een beheersbaar begrotingstekort, blijkt uit schattingen van het Centraal Planbureau (CPB) na de met Prinsjesdag gepresenteerde kabinetsplannen. Hierbij stijgen de zorgkosten hard, maar de inkomsten uit belasting ook.
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Niet eerder sinds het aantreden van koning Willem-Alexander zijn de kosten voor het koningshuis zo hard gestegen. Voor 2024 is ruim 11 procent meer begroot dan voor dit jaar.
( 4
min )
Wat betekent Prinsjesdag voor jouw koopkracht? Dat kun je bekijken met deze tool.
( 2
min )
Het kabinet maakt op Prinsjesdag altijd veel plannen bekend die grote gevolgen hebben voor je inkomen. Dit jaar is dat wat minder doordat het kabinet demissionair is. Toch komen er wel een paar flinke veranderingen aan. NU.nl zet ze op een rijtje.
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Het kabinet neemt extra maatregelen om mensen met een laag inkomen, uitkeringsgerechtigden en grote gezinnen tegemoet te komen. Zo wordt de huurtoeslag verhoogd en gaat ook het kindgebonden budget omhoog. In totaal wordt daar ruim 1,75 miljard euro voor uitgetrokken.
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min )
Het Nederlandse klimaatdoel voor het jaar 2030 komt met de maatregelen van het demissionaire kabinet-Rutte IV een flinke stap dichterbij. Voor het eerst denkt het Planbureau voor de Leefomgeving dat de CO2-uitstoot in 2030 mogelijk 55 procent is gedaald.
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min )
Wat betekent Prinsjesdag voor jouw koopkracht? Dat kun je bekijken met deze tool.
( 2
min )
Ongezien methaan naar de atmosfeer lekken is dankzij Nederlands ruimteonderzoek verleden tijd. Lekkende gasvelden en andere superuitstoters kunnen sinds kort live worden opgespoord. Dat maakt de mondiale aanpak van klimaatverandering iets kansrijker.
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Het demissionaire kabinet verwacht dat de premie voor de basiszorgverzekering in 2024 weer 12 euro hoger is dan dit jaar. Volgens het ministerie van Volksgezondheid komt de premie waarschijnlijk op 149 euro per maand uit.
( 4
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Het Nederlandse klimaatdoel voor het jaar 2030 komt met de maatregelen van het demissionaire kabinet-Rutte IV een flinke stap dichterbij. Voor het eerst denkt het Planbureau voor de Leefomgeving dat de CO2-uitstoot in 2030 mogelijk 55 procent is gedaald.
( 5
min )
Het kabinet neemt extra maatregelen om mensen met een laag inkomen, uitkeringsgerechtigden en grote gezinnen tegemoet te komen. Zo wordt de huurtoeslag verhoogd en gaat ook het kindgebonden budget omhoog. In totaal wordt daar ruim 1,75 miljard euro voor uitgetrokken.
( 5
min )
In België zijn drie Nederlanders opgepakt op verdenking van helpdeskfraude. Het drietal heeft volgens het Openbaar Ministerie in Belgisch Limburg alleenstaande ouderen opgelicht voor in totaal zo'n 100.000 euro.
( 3
min )
De inflatie in de eurozone is vorige maand iets gedaald. Eerder leek het erop dat de inflatie in augustus even hoog was als in juli, maar nieuwe cijfers laten een kleine daling zien.
( 3
min )
Als het aan Elon Musk ligt, gaat iedere gebruiker van X binnenkort een klein geldbedrag betalen. Dat is volgens de miljardair nodig om spamaccounts van het socialemediaplatform te weren.
( 3
min )
Benzine kost weer meer dan 2,30 euro. Dat is voor het eerst sinds juli vorig jaar, blijkt uit cijfers van consumentencollectief UnitedConsumers. De stijging komt doordat olie steeds duurder wordt.
( 3
min )
Vopak verkoopt drie grote terminals voor chemische producten in de haven van Rotterdam. Het opslagbedrijf maakte dinsdag bekend dat het de terminals verkoopt aan het Britse investeringsfonds Infracapital.
( 3
min )
Big Bazar ontloopt voorlopig opnieuw een faillissement. Twee schuldeisers hebben een verzoek ingediend bij de rechter. Ze willen dat een deskundige wordt aangesteld die bekijkt hoe de financiële problemen bij de winkelketen opgelost kunnen worden.
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min )
De olieprijzen zijn dinsdag voor de vierde dag op rij gestegen en staan nu op het hoogste niveau in bijna tien maanden. De productiebeperkingen van Saoedi-Arabië en Rusland zijn de grote boosdoener.
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min )
Er gaat geen dag voorbij of de politiek heeft het over bestaanszekerheid. Ook vandaag op Prinsjesdag zal het woord vaak vallen. Wat het betekent is niet altijd duidelijk, maar het is in elk geval een groeiend probleem. Want zelfs mét een baan kun je tegenwoordig in de problemen komen.
( 7
min )
SoFi savings account interest rates are above average and the financial services company charges no bank fees—two reasons this savings option is worth considering.
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The IRS introduced changes to 401(k) catch-up contributions, emphasizing Roth designations for higher earners.
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min )
Today's best CD rate is 5.80%, from The Federal Savings Bank, with five runners-up paying 5.75%. If you have a jumbo CD deposit, you can do even better, earning up to 5.85%.
( 19
min )
Nexstar Media Group and DIRECTV reached a multi-year distribution agreement that will end DIRECTV’s more than 75-day blackout of Nexstar’s 176 local television stations and NewsNation cable news network.
( 17
min )
Chaplain malpractice insurance is liability insurance that provides coverage for chaplains, priests, and other clergy members.
( 19
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U.S. equities were little changed as the S&P 500 gained 0.07% on Sept. 18, 2023 ahead of the Federal Reserve's decision on interest rates this week.
( 16
min )
Learn about the tax implications of life insurance premiums, including when they might be taxable and whether they are tax deductible.
( 25
min )
Cryptocurrency prices plunged in 2022 and have yet to recover, with Bitcoin trading at less than half the peak it hit in November 2021.
( 17
min )
Selling a home without a real estate agent can save money, but there are also costs and risks involved.
( 26
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A reverse mortgage can be a lifeline for cash-strapped homeowners, but it also has some risks that borrowers need to consider first.
( 25
min )
Economic exposure is a type of foreign exchange exposure caused by the effect of unexpected currency fluctuations on a company’s future cash flows.
( 21
min )
Moderna was the worst-performing stock in the S&P 500, and Pfizer shares dropped as well after Pfizer CFO David Denton said the outlook for vaccine rates this year got a significant "haircut."
( 17
min )
If you owe money to the IRS, you have options to help with repayment. Either an IRS payment plan or taking out a personal loan could work, depending on your financial situation.
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Secured loans are backed by collateral, while unsecured loans are based primarily on a borrower's creditworthiness. There are other key differences, as well.
( 23
min )
You'll generally need a credit score of at least 580 to get a personal loan, but a better score will entitle you to better terms.
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Home improvement loans can come in the form of a personal loan, but it's also possible to fund home-related projects with other kinds of loans.
( 23
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The consequences of failing to repay a personal loan will vary according to the type of loan—secured vs. unsecured—and other factors. Here is what you need to know.
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SALT loans allow borrowers to maintain ownership of their blockchain assets, while also gaining access to cash via a loan.
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An open market is an economic system with no barriers to free market activity. Barriers to free market activity include tariffs, taxes, licensing requirements or subsidies.
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Air taxi company Joby Aviation (JOBY) said Monday it is building a new manufacturing facility in Dayton, OH, that will be capable of delivering up to 500 aircraft per year.
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Nearly one-third of U.S. households went on a vacation this summer, a record for a Federal Reserve survey released Monday.
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The paradox of rationality is the empirical observation that players who make irrational choices often receive better payoffs than those making rational choices.
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In game theory, the Shapley value is a manner of fairly distributing both gains and costs to several actors working in coalition.
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min )
Rational expectations theory proposes that outcomes depend partly upon expectations borne of rationality, past experience, and available information.
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min )
The Securities and Exchange Commission (SEC) has charged the ride-hailing firm Lyft for failing to disclose the investment of one of its board members.
( 17
min )
Historical tax changes under several administrations have affected the U.S. economy.
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min )
A soft fork is a change to the software protocol where only previously valid blocks/transactions are made invalid.
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min )
U.S. equities were climbing at midday as the market looks ahead to this week’s decision by the Federal Reserve on the future of interest rate hikes. The Dow, S&P 500, and Nasdaq posted small gains.
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min )
By one measure, workers went on strike more in August than they have for most of the 21st century.
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min )
Some of the most popular social media platforms are actually subsidiaries of companies you may not have heard of. Find out who owns which apps.
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min )
Clorox warned it is still dealing with the fallout from a recent cyberattack, saying the hack will have a significant effect on its current quarter results.
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min )
The Municipal Liquidity Facility (MLF) was a Federal Reserve initiative to keep state and local governments funded during the COVID-19 crisis.
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Construction Occupancy Protection Exposure (COPE) is a set of risks property insurance underwriters evaluate when writing insurance policies.
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min )
Newmont Corp. (NEM) said it got more clearances from regulators and plans to close soon on its $19.2 billion purchase of Australian rival Newcrest Mining Ltd.
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min )
Pensions can help narrow racial and gender gaps in retirement savings compared to other kinds of plans, according to a report by the National Institute on Retirement Security, but few workers in the U.S. have them.
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min )
As more companies use AI to complete work tasks, competitors could be left behind, according to a Bain & Co. report.
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min )
Crude oil prices are trading at their highest since early November last year, which could translate to higher gas prices for consumers and a potential rebound in inflation.
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min )
An economic think tank is an organization whose mission is to study and reflect on economic issues.
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When job hunting, does education trump experience? Here are some factors to consider when it comes to this duel of credentials.
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min )
The W.P. Carey School of Business is a business school that is part of the Arizona State University System.
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min )
Live from the Future Proof Wealth Festival in Huntington Beach, former NBA player, TV host, and college legend Jay Williams, and MAI Capital's Joe McLean talk about how investing in sports is exploding as teams and athletes become securities, and the athlete is now the asset.
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Alibaba said it plans to invest $2 billion in Turkey's Trendyol, expanding its business outside of China.
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min )
An Associate in Commercial Underwriting (AU) is a person with qualifications to evaluate risk for insurance companies.
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min )
A standard lot is the equivalent of 100,000 units of the base currency in a forex trade. It is one of the four lot sizes; the other three are mini-lot, micro-lot, and nano-lot.
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min )
Whether it's high prices, high mortgage rates, or lack of supply, it all comes down to affordability, according to National Association of Realtor studies.
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min )
In the case of ICE LIBOR, an innocent-sounding set of letters has a profound bearing on every loan you make.
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min )
Most retirees are eligible, but some fall through the cracks due to a spotty work history or for other reasons.
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The PayrollOrg survey also shows that 34% of people would like to be able to access their wages earlier than their regular payday, an increase of 13% in 2022.
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min )
Holiday sales are projected to increase 3.5% to 4.6% this year, as more shoppers are expected to turn to e-commerce to find deals to beat inflation.
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min )
Accredited Automated Clearing House Professional (AAP) is a professional designation awarded to experts in electronic payments systems.
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min )
Technological advances have allowed for betting while a game is in progress, which has, in some ways, changed the nature of gambling.
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One of the simplest kinds of wagers, a money line bet tries to pick the winner.
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Handelsgesetzbuch is a law that governs the commercial code for German companies and includes regulations on the preparation of financial statements.
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min )
A casino has a number of built-in advantages to ensure that it, and not its customers, always wins in the long run.
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You can go to Las Vegas and try to win big at the casino. But before you do, make sure you understand the tax laws that govern gambling winnings.
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min )
Optimum currency area (OCA) theory states that there are regions, not bounded by national borders, that should share a common currency.
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min )
M3 is a measure of the money supply that includes M2, large time deposits, institutional money market funds, and short-term repurchase agreements.
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min )
The integration of unmanned aerial vehicles (UAV) into the economy is demonstrating great potential but regulatory limitations remain.
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Blanket contractual liability insurance is liability insurance that provides coverage for all contracts in which the insured is assuming liability.
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min )
Learn when and why landlords place rental property security deposits in separate escrow accounts.
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min )
Find out how the PPI can be used to gauge the overall health of the economy.
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min )
Wrap-up insurance is an all-encompassing liability insurance policy that protects all contractors and subcontractors working on a large project.
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min )
The stock, which is off more than 6% since the start of the month and more than 20% so far this year, is hovering not far above its 52-week low.
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(Bloomberg) -- US Steel Corp. is idling an Illinois blast furnace that Donald Trump visited as part of his self-proclaimed “rescue” of the American steel industry five years ago, as it moves to balance production levels against the demand impact from customers affected by the United Auto Workers strike. Most Read from BloombergDebris Spotted in Search for Missing US F-35 Fighter JetVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingHow Auto Executives Misread the UAW Ahead of H
( 33
min )
During the summer of strikes, manufacturing workers are fighting for better pay and reimagining the future of work.
( 33
min )
(Bloomberg) -- Fifty cents on the dollar is a very low price in the world of bonds. In most cases, it signals that investors believe the seller of the debt is in such financial distress that it could default.Most Read from BloombergHow Auto Executives Misread the UAW Ahead of Historic StrikeXi’s Missing Defense Chief Opens Door for US Military TalksVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingTrillion-Dollar Industry Powering Chicago at Risk of LeavingUS Seeks Help Findin
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min )
Oil prices have been surging lately, and many energy stocks are back in the spotlight. But volatility can act as a double-edged sword, presenting both lucrative opportunities for gains and significant risks of losses. This requires investors to tread with caution and employ well-thought-out strategies. Rather than actively trade the tumultuous waves of the market, some investors have opted to focus on the dividend-paying aspect of the business, collecting passive income from energy companies. Do
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min )
The kingdom is trying to boost foreign investment but has a contentious history with Elon Musk.
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The latest projections from the International Energy Agency (IEA) suggest that demand for oil, gas and coal will peak before 2030. "This is the first time that a peak in demand is visible for each fuel this decade — earlier than many people anticipated," Fatih Birol, executive director of the IEA, wrote in an op-ed published in the Financial Times. That forecast does not sit well with the Organization of the Petroleum Exporting Countries (OPEC). "It is an extremely risky and impractical narrativ
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The shares, which are off more than 6% since the start of the month and more than 20% so far this year, are hovering not far above their 52-week low.
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min )
AI stock predictions are fast becoming the new normal. Here's the wild prediction one AI platform made about Tupperware stocks.
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Shares of vaccine makers moved lower Monday after Pfizer's finance chief predicted weaker demand for Covid shots this year.
Pfizer CFO David Denton said his company projects a roughly 24% Covid vaccination rate in the U.S. this year.
"Keep in mind the flu is probably closer to a 50% vaccination ra
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min )
My wife and I bought long-term care policies 25 years ago when they were relatively cheap. Now, our premiums have increased for the third time to over $500 per month and will rise again in six years. I figure I’ve already paid about $72,000 in premiums. Now, in our late 70s, I’m trying to decide […] The post Ask an Advisor: Our Long-Term Care Insurance Now Costs $500 Per Month. We’re in Our Mid-70s and Have Paid $72k in Total. Should We Cancel Our Policies? appeared first on SmartReads by SmartA
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Before he became a controversial former president, Donald Trump was widely recognized for the wealth he gained in the real estate industry. But the story behind his billions is more intricate than it may appear. The Trump family’s journey into real estate success began with Trump’s father, Fred Trump. Fred Trump entered the construction business during a significant era in American history — the time of President Franklin D. Roosevelt’s New Deal, which aimed to boost residential construction thr
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min )
The team signed on with LPL’s unit catering to wirehouse breakaways.
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min )
The company makes money from licensing its chip architecture and other chip designs to semiconductor companies and hardware makers.
( 22
min )
The electric truck start-up appointed Mary Chan to the position. She previously held roles at GM and Dell.
( 22
min )
If I give $50,000 in cash to a charity, does that lower my taxable adjusted gross income (AGI) by $50,000? So if my adjusted gross income was $100,000, and I gave $50,000 to charity, is my taxable income now $50,000? … Continue reading → The post Ask an Advisor: Help Me Understand the Math. How Does Donating to Charity Reduce My Taxes? appeared first on SmartAsset Blog.
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In a shocking revelation, Indian edtech giant Byju's is accused of stashing $533 million in Camshaft Capital Fund, a relatively obscure hedge fund that once listed its primary business address at an IHOP in Miami. Putting the money at IHOP was brought to light by lenders attempting to recover the money. According to the lenders' lawsuit, Byju's reportedly transferred over $500 million last year to Camshaft Capital Fund, an investment entity set up by William C. Morton at age 23. Morton's fund re
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Tesla's price cuts have hit its margins. The pain in earnings could be felt more deeply in 2024, according to Goldman Sachs.
( 22
min )
Shares of chip designer Arm Holdings continued their retreat early Monday, following a red-hot start to trading last week.
The shares were recently off 5% at roughly $57.70—having traded as high as $69 intraday in the wake of Thursday's IPO. [Arm priced at $51](https://www.wsj.com/finance/investing
( 22
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There are probably as many investing strategies as there are investors – but just because every investor will follow his own path and intuition, doesn’t mean that there can’t be some common themes. Whether it’s seeking out stocks with low share prices or solid growth potential, or following the market’s best dividend payers, some strategies come up over and over again. One of these common themes to is to follow the money, that is, to buy into cash-rich stocks. These will bring several advantages
( 36
min )
Micron upgraded, PayPal downgraded: Wall Street's top analyst calls
( 34
min )
With oil investors and traders focused on an oil-price rally that has come close to $100 a barrel, some grades of crude oil are already trading above that milestone, highlighting an expectation of tight supply. The outright price of Nigerian crude Qua Iboe surpassed $100 a barrel on Monday, according to LSEG data. Malaysian crude Tapis reached $101.30 last week, said Bjarne Schieldrop, analyst at Swedish bank SEB, in a report.
( 32
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Investors seeking to generate income are turning their attention towards high-yielding dividend stocks as an alternative to bonds. Three companies that have been offering higher income yields than many high-quality fixed-income investments are Kinder Morgan (NYSE:KMI), Verizon (NYSE:VZ), and W.P. Carey. The dividends from these firms not only provide a steady income stream but are also projected to increase in the future.
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Federal Reserve policy makers’ projections for inflation this year look as if they could be too high, while their GDP projections look too low.
( 27
min )
Arm shares have fallen below their initial IPO pop but still trade well ahead of some analysts' valuation of the chip-design firm.
( 22
min )
A debt exchange has bought the auto reseller "at least two years of breathing room to execute," Wedbush says,
( 22
min )
The Federal Reserve's looming decision on interest rates, and the outlook for borrowing costs in the coming months, could be a key catalyst for cryptos.
( 21
min )
In the latest of many lawsuits against Kanye West (now Ye), the rapper allegedly told a staffer: “If you don't listen to me then you're an enemy”
( 34
min )
The company, whose U.S.-listed shares fell 1.2% on Monday, reported 11,315 deliveries for the first half of this year. VinFast's blockbuster debut on Wall Street in August saw its shares more than triple in value, but the company's small amount of publicly available shares has made the stock prone to volatility. VinFast was valued at $23 billion after special purpose acquisition company Black Spade Acquisition agreed to acquire the firm for $10 per share.
( 32
min )
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Most retirees are eligible, but some fall through the cracks due to a spotty work history or for other reasons.
( 27
min )
↘️ Societe Generale (FR: GLE): The French bank's shares fell more than 9% after it cut its [annual targets for revenue growth](https://www.wsj.com/livecoverage/stock-market-today-dow-jones-09-18-2023/card/soci-t-g-n-rale-shares-sink-after-new-ceo-l
( 23
min )
Ford on Thursday said its labor costs are already 'significantly higher' than those of companies like Tesla and Toyota.
( 34
min )
(Bloomberg) -- The European Central Bank and the Bank of England must keep raising interest rates to ward off the risk of causing “stagflation,” the prominent economist Nouriel Roubini warned.Most Read from BloombergMGM Resorts Hackers Broke In After Tricking IT Service DeskHow Auto Executives Misread the UAW Ahead of Historic StrikeEurope Is Better Prepared If Trump Wins Again, Germany’s Baerbock SaysUS, Chinese Officials Meet in Malta in Bid to Keep Channels OpenThe World Is Struggling to Make
( 31
min )
Embattled Chinese property developer Country Garden faces yet another liquidity test with Monday's deadline to pay $15 million in interest linked to an offshore bond, after having dodged default at the last minute twice this month. Country Garden, whose financial woes have worsened the property sector outlook and spurred a raft of support measures from Beijing, will have a 30-day grace period to pay the coupon before it is considered in default. The coupon payment had not been received by late afternoon on Monday, said one holder of the bond tranche, who sought anonymity as they were not authorised to speak to media.
( 33
min )
Arm shares have fallen below their initial IPO pop but still trade well ahead of some analysts' valuation of the chip-design firm.
( 22
min )
Cadence Bank CEO Dan Rollins calls the regional banking crisis from earlier this year "March madness." "We don't want an asset that doesn't come with a full wallet," Rollins said, referring to a trend since the crisis where banks want customers who want loans to also bring them their deposits. Rollins' southeastern regional bank is not alone.
( 34
min )
(Bloomberg) -- The letters are stamped all over the hallways of Chicago’s giant skyscrapers and grand office buildings. DRW, IMC, CME, Cboe.Most Read from BloombergMGM Resorts Hackers Broke In After Tricking IT Service DeskHow Auto Executives Misread the UAW Ahead of Historic StrikeEurope Is Better Prepared If Trump Wins Again, Germany’s Baerbock SaysUS, Chinese Officials Meet in Malta in Bid to Keep Channels OpenThese are some of the derivatives firms that collectively handle trillions of dolla
( 36
min )
The United Auto Workers strike at three car plants was having a mixed reaction on auto stocks, while chip design company Arm holdings lost some of Friday's gains.
( 22
min )
Société Générale’s new Chief Executive Officer Slavomir Krupa laid out Monday how he wants the French lender to be a “rock-solid and sustainable top tier European bank.”
It was the first time Krupa—[a former investment-banking chief](https://www.wsj.com/articles/societe-generale-set-to-name-slawomi
( 22
min )
The Federal Reserve's looming decision on interest rates, and the outlook for borrowing costs in the coming months, could be a key catalyst for cryptos.
( 21
min )
Bitcoin traded just under $26,700 and ether exchanged hands at $1,630 as of Asian afternoon hours Monday, adding just 0.5% in the past 24 hours.
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Wall Street’s analysts make their reputations by the quality of their stock notes, and some of them stand tall above their peers. The best analysts bring a sharp eye to the table, and a combination of solid knowledge and deep experience that lends credence to their stock calls. So, when those top analysts start selecting particular stocks as sound choices for investors, we should all take notice. And now, the Street’s top analyst, Truist’s Neal Dingmann, has been doing just that. Dingmann, an ex
( 37
min )
Europe's first spot Bitcoin ETF ushers in an era where traditional finance and crypto are converging, setting the stage for digital assets to become mainstays in the economy.
( 34
min )
(Bloomberg) -- Alibaba Group Holding Ltd. announced plans to invest $2 billion in Turkey after a meeting with President Recep Tayyip Erdogan.Most Read from BloombergMGM Resorts Hackers Broke In After Tricking IT Service DeskHow Auto Executives Misread the UAW Ahead of Historic StrikeUS, Chinese Officials Meet in Malta in Bid to Keep Channels OpenEurope Is Better Prepared If Trump Wins Again, Germany’s Baerbock SaysHouse Republicans Prepare to Turn US Government Shutdown Into Immigration ClashThe
( 32
min )
"The current level of mortgage payments might be the new normal for the foreseeable future" says Buck Horne, director of equity research at Raymond James.
( 33
min )
(Bloomberg) -- After a sharp stock rally this year on the back of resilient economic growth, investors now have a more negative outlook for risk assets in 2024, according to Morgan Stanley’s Michael Wilson.Most Read from BloombergMGM Resorts Hackers Broke In After Tricking IT Service DeskHow Auto Executives Misread the UAW Ahead of Historic StrikeEurope Is Better Prepared If Trump Wins Again, Germany’s Baerbock SaysUS, Chinese Officials Meet in Malta in Bid to Keep Channels OpenHouse Republicans
( 32
min )
SocGen has targeted a return on tangible equity of 9%-10% in 2026, and forecast lower average annual revenue growth for the 2022-2026 period, as it aims to streamline its portfolio and reduce oil-and-gas exposure.
( 25
min )
Berkshire Hathaway (NYSE:BRKa), led by CEO Warren Buffett, has shown significant interest in tech giant Apple (NASDAQ:AAPL) and its own company shares, according to the latest 13F filings and comments from the annual shareholder meeting. As of Monday this week, Apple reportedly accounted for 45.4% of Berkshire Hathaway's $354 billion investment portfolio, making it the clear top investment.
( 32
min )
Three celebrity promoters of the failed FTX cryptocurrency exchange have opted to settle a case which alleged they helped dupe investors.
( 31
min )
Confidence in the gig economy combined with the success of advertising will help decide the grocery-delivery company's future as it goes public.
( 32
min )
The push toward zero-cost exchange-traded funds nears the finish line.
( 26
min )
Two years after Evergrande’s fall, distressed property giant Country Garden could create bigger problems.
( 22
min )
The Indian rupee is expected to open slightly higher on Monday with expectations around intervention by the central bank offsetting concerns over elevated crude oil prices and a widening trade deficit. Non-deliverable forwards indicate rupee will open at around 83.10 to the U.S. dollar compared with 83.1850 in the previous session. It will be difficult for the dollar to take out its life time high due to Reserve Bank of India's presence, said Ritesh Bhansali, director at Mecklai Financial.
( 32
min )
(Bloomberg) -- India will see at least $30 billion raised annually through primary and secondary share sales in 2024 and in the years to come, as companies and their shareholders are more willing to tap the market for funding, according to JPMorgan Chase & Co.Most Read from BloombergMGM Resorts Hackers Broke In After Tricking IT Service DeskUS, Chinese Officials Meet in Malta in Bid to Keep Channels OpenHouse Republicans Prepare to Turn US Government Shutdown Into Immigration ClashThe World Is S
( 33
min )
(Bloomberg) -- Oil held near a 10-month high as OPEC+ supply cuts tightened the global market, with Saudi Energy Minister Prince Abdulaziz bin Salman due to address an industry conference on the kingdom’s crude policy and outlook.Most Read from BloombergWall Street Comes to Grips With How Wrong It’s Been in 2023MGM Resorts Hackers Broke In After Tricking IT Service DeskThe World Is Struggling to Make Enough DieselHouse Republicans Prepare to Turn US Government Shutdown Into Immigration ClashUS,
( 31
min )
(Bloomberg) -- Chinese authorities detained some staff of China Evergrande Group’s money management business, a sign that the saga around the defaulted developer at the heart of the nation’s property crisis has entered a new phase involving the criminal justice system.Most Read from BloombergWall Street Comes to Grips With How Wrong It’s Been in 2023MGM Resorts Hackers Broke In After Tricking IT Service DeskThe World Is Struggling to Make Enough DieselHouse Republicans Prepare to Turn US Governm
( 32
min )
(Bloomberg) -- A benchmark of onshore Chinese equities fell to its lowest level this year as global funds continued to sell stocks despite nascent signs that the economy is stabilizing.Most Read from BloombergWall Street Comes to Grips With How Wrong It’s Been in 2023MGM Resorts Hackers Broke In After Tricking IT Service DeskUS, Chinese Officials Meet in Malta in Bid to Keep Channels OpenThe World Is Struggling to Make Enough DieselHouse Republicans Prepare to Turn US Government Shutdown Into Im
( 7
min )
Shares of embattled developer China Evergrande Group plunged 25% on Monday after police detained some staff at its wealth management unit, suggesting a new investigation that could add to the property company's woes. The stock was down 25% at HK$0.465 in early morning trade, the lowest in two weeks. (Reporting By Donny Kwok, Editing by Anne Marie Roantree and Muralikumar Anantharaman)
( 31
min )
(Bloomberg) -- Apple Inc. partner Foxconn Technology Group plans to double its investment and employment in India, highlighting an accelerating manufacturing shift away from China as Washington-Beijing tensions grow.Most Read from BloombergWall Street Comes to Grips With How Wrong It’s Been in 2023MGM Resorts Hackers Broke In After Tricking IT Service DeskUS, Chinese Officials Meet in Malta in Bid to Keep Channels OpenThe World Is Struggling to Make Enough DieselHouse Republicans Prepare to Turn
( 32
min )
An immediate annuity is an insurance product that provides guaranteed income: You give an insurer a chunk of money, and the company gives you a stream of payments that can last for life. Now may be a good time for retirees to buy an immediate annuity, since payouts are the highest they’ve been in a decade, says Rob Williams, managing director of wealth management at Charles Schwab.
( 33
min )
Bitcoin dipped on Monday morning in Asia to trade at around US$26,500. Ether also moved lower but held the US$1,600 support level.
( 32
min )
34.000 mensen hebben dit jaar niet op tijd belastingaangifte gedaan. Een deel van hen riskeert een boete van 385 euro, die kan oplopen tot 5.500 euro.
( 4
min )
De FNV zet het komende cao-seizoen in op een loonsverhoging van 5 tot 14 procent. De vakbond wil dat werknemers over de hele linie worden gecompenseerd voor het verlies aan koopkracht door de hoge inflatie.
( 3
min )
Het aantal aanvragen voor energiesteun voor huishoudens met een blokaansluiting is kleiner dan verwacht. Mede daarom is de aanvraagtermijn met een maand verlengd. Dat meldt demissionair minister Rob Jetten (Klimaat en Energie) aan de Tweede Kamer.
( 4
min )
Net als bij voorgaande rondes, was ook maandagochtend het STAP-budget van 10 miljoen euro razendsnel vergeven. Het opleidingspotje van de overheid was binnen twee uur leeg.
( 3
min )
De problemen van het noodlijdende Evergrande zijn nog groter geworden. Een deel van het personeel van de vermogensbeheertak is opgepakt door de Chinese politie. Om hoeveel mensen het gaat en wat de aanklachten zijn, is niet bekendgemaakt.
( 3
min )
Bob van Dijk stopt als topman bij techinvesteerder Prosus. Hij is in 2019 aangesteld als CEO bij het Zuid-Afrikaanse bedrijf, dat is genoteerd aan de Amsterdamse beurs. De reden voor het vertrek noemt Prosus niet.
( 3
min )
Het Nederlandse C2000-communicatienetwerk voor de politie en andere hulpdiensten wordt al bijna twintig jaar geteisterd door problemen en storingen. België gebruikt een vergelijkbaar netwerk, maar daar spelen deze problemen niet. Wat kunnen wij van onze zuiderburen leren?
( 9
min )
Het Nederlandse C2000-communicatienetwerk voor de politie en andere hulpdiensten wordt al bijna twintig jaar geteisterd door problemen en storingen. België gebruikt een vergelijkbaar netwerk, maar daar spelen deze problemen niet. Wat kunnen wij van onze zuiderburen leren?
( 8
min )
Het Nederlandse C2000-communicatienetwerk voor de politie en andere hulpdiensten wordt al bijna twintig jaar geteisterd door problemen en storingen. België gebruikt een vergelijkbaar netwerk, maar daar spelen deze problemen niet. Wat kunnen wij van onze zuiderburen leren?
( 8
min )
Savers are missing out on interest payments after new figures revealed a third of bank customers keep their cash in current accounts.
( 32
min )
(Bloomberg) -- For currency speculators around the world, the trade has long been a no-brainer: simply borrow yen, which costs nothing because of sub-zero interest rates in Japan, and then park the money anywhere yields are higher, earning a tidy profit from the difference.Most Read from BloombergWall Street Comes to Grips With How Wrong It’s Been in 2023MGM Resorts Hackers Broke In After Tricking IT Service DeskThe World Is Struggling to Make Enough DieselHouse Republicans Prepare to Turn US Go
( 34
min )
(Bloomberg) -- Asian equities look set to open lower following tech-led declines on Wall Street Friday as investors look ahead to a week that includes Federal Reserve and Bank of Japan meetings. Most Read from BloombergWall Street Comes to Grips With How Wrong It’s Been in 2023MGM Resorts Hackers Broke In After Tricking IT Service DeskThe World Is Struggling to Make Enough DieselHouse Republicans Prepare to Turn US Government Shutdown Into Immigration ClashUltra-Rich Buy Ultra-Luxury Counseling
( 33
min )
Comparing offers between the UAW and the Detroit-Three auto makers isn't easy. The two sides might not be as far apart as people assume.
( 22
min )
(Bloomberg) -- Federal Reserve policymakers’ updated forecasts for their benchmark interest rate, due Wednesday, are looming as a key potential decider for a US Treasuries market at risk of a third straight year of losses.Most Read from BloombergWall Street Comes to Grips With How Wrong It’s Been in 2023MGM Resorts Hackers Broke In After Tricking IT Service DeskThe World Is Struggling to Make Enough DieselUltra-Rich Buy Ultra-Luxury Counseling to Get Kids Into HarvardHouse Republicans Prepare to
( 33
min )
(Bloomberg) -- Brazil’s state-controlled oil company Petrobras must settle a dispute involving billions of reais in back taxes with the federal government to show it has a duty to the country and not only to its private investors, according to the nation’s energy minister. Most Read from BloombergWall Street Comes to Grips With How Wrong It’s Been in 2023MGM Resorts Hackers Broke In After Tricking IT Service DeskThe World Is Struggling to Make Enough DieselUltra-Rich Buy Ultra-Luxury Counseling
( 34
min )
Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: BMW electrifies Mini; Tesla on the cusp of a breakthrough; and UAW strikes back.
( 33
min )
The list of union demands is long and expensive, but getting a deal might be closer at hand than it appears if automakers offer certain things.
( 38
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It was the latest casualty in a beaten down real estate tech sector. Of course, at that time, it was a very different housing market. Interest rates were still relatively low and while markets were tight, people were still buying homes.
( 34
min )
An IRA transfer refers to the movement of tax-deferred money that is not required to be reported to the IRS on your tax return. This typically occurs when you complete a direct trustee-to-trustee transfer between two similar types of retirement accounts. (Sometimes an IRA transfer is referred to as a “non-reportable IRA rollover, but such […] The post IRA Rollovers vs. Transfers: Reportable and ‘Non-Reportable’ appeared first on SmartReads by SmartAsset.
( 34
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Understanding the concept of return on investment (ROI) is the first step to possibly generating a 10%+ return. Keep in mind, however, that a 10%+ ROI is not a guaranteed result. ROI is a financial metric widely used to measure the possibility of gaining a return from an investment based on its past performance. It is […] The post How to Get a 10% Return on Investment (ROI) appeared first on SmartReads by SmartAsset.
( 33
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It’s been a central argument for the United Auto Workers union: If Detroit's three automakers raised CEO pay by 40% over the past four years, workers should get similar raises. UAW President Shawn Fain has repeatedly cited the figure, contrasting it with the 6% pay raises autoworkers have received since their last contract in 2019. The UAW has since lowered its demand to a 36% wage increase but the two sides remain far apart in contract talks, triggering a strike.
( 36
min )
(Bloomberg) -- Faced with only limited signs of a slowdown in US demand despite more than five percentage points of interest-rate hikes, logic would say the Federal Reserve needs to do more.Most Read from BloombergWall Street Comes to Grips With How Wrong It’s Been in 2023MGM Resorts Hackers Broke In After Tricking IT Service DeskUltra-Rich Buy Ultra-Luxury Counseling to Get Kids Into HarvardThe World Is Struggling to Make Enough DieselBillionaire Case Bets on Superfast Jet, AI Beyond Silicon Va
( 33
min )
Agricultural giant Bayer has dominated for years, but Corteva has taken the lead.
( 25
min )
It should come as no surprise that commercial bankruptcy filings are up but the bigger picture tells a different story
( 32
min )
(Bloomberg) -- With the final quarter of 2023 approaching, one winning strategy in emerging markets is becoming clearer: buying shares in smaller companies.Most Read from BloombergMGM Resorts Hackers Broke In After Tricking IT Service DeskUltra-Rich Buy Ultra-Luxury Counseling to Get Kids Into HarvardBillionaire Case Bets on Superfast Jet, AI Beyond Silicon ValleyCanada Postpones Trade Mission to India With Tensions On RiseErdogan Says Turkey, EU May ‘Part Ways’ After Critical ReportThe trade ha
( 33
min )
(Bloomberg) -- Stock-market strategists who were largely wrong about this year’s rally are finally starting to come to face their mistake, raising year-end targets for the S&P 500 Index.Most Read from BloombergMGM Resorts Hackers Broke In After Tricking IT Service DeskUltra-Rich Buy Ultra-Luxury Counseling to Get Kids Into HarvardBillionaire Case Bets on Superfast Jet, AI Beyond Silicon ValleyCanada Postpones Trade Mission to India With Tensions On RiseErdogan Says Turkey, EU May ‘Part Ways’ Aft
( 34
min )
Apple's Vision Pro headset is set to unleash the potential of similar products and benefit smaller players in the industry, according to the founder and chairman of a Chinese extended-reality (XR) start-up, which has been working on related technology for over a decade. "Sixteen years ago, when I was still a programmer and decided to start my own business, most people didn't know that the virtual-reality (VR) industry existed," said Denny Zhou Qinghui of Shanghai Graphic Design Information Co (G
( 34
min )
Technology stocks have powered the 2023 market rally—and become increasingly expensive in the process.
( 26
min )
British supplier of designs for chips, long seen as the industry’s Switzerland, is challenged with growing beyond its dominance in mobile phones without upsetting existing customers.
( 28
min )
Help-wanted advertisements in New York will have to disclose proposed pay rates after a statewide salary transparency law goes into effect on Sunday, part of growing state and city efforts to give women and people of color a tool to advocate for equal pay for equal work. Employers with at least four workers will be required to disclose salary ranges for any job advertised externally to the public or internally to workers interested in a promotion or transfer. Pay transparency, supporters say, will prevent employers from offering some job candidates less or more money based on age, gender, race or other factors not related to their skills.
( 32
min )
The resumption of the payments will leave some U.S. consumers squeezed and some of the nation’s largest retailers fearing a spending slowdown.
( 23
min )
Learn about the concept of human capital, how it was developed, and why it is important for businesses to protect their human capital.
( 22
min )
Health care sharing ministries (HCSMs) are getting attention—not all of it good—as an alternative to traditional health insurance as healthcare costs soar.
( 22
min )
Human capital affects economic growth and can help to develop an economy by expanding the knowledge and skills of its people. Learn more about how it works.
( 23
min )
Wall Street is just one little street in lower Manhattan, but both empirically and symbolically, it continues to make the world go round.
( 26
min )
The African Development Bank (ADB) is a financial institution that enables economic and social development throughout the continent.
( 23
min )
Learn how the working capital turnover ratio turns negative as a result of a company's negative working capital when current liabilities exceed current assets.
( 17
min )
Credit easing is used to relieve a market going through turmoil. Credit easing happens when central banks purchase private assets such as corporate bonds.
( 24
min )
A third-party administrator provides operational services such as claims processing and employee benefits management under contract to another company.
( 23
min )
The Economic Recovery Tax Act of 1981 was a law for the largest tax cut in American history. Much of it was reversed a year later.
( 19
min )
The Asian Currency Unit (ACU) was a proposed a basket of Asian currencies, similar to the European Currency Unit, which was the precursor to the euro.
( 19
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Pigou effect is a term in economics referring to the relationship between consumption, wealth, employment, and output during periods of deflation.
( 23
min )
Income inequality has a long history in the U.S. Review the major events and government policies that have impacted the nation’s income distribution.
( 28
min )
MiFID is a European Union law that standardizes investment services regulations across all European Economic Area member states.
( 22
min )
A detailed definition of what a branded title is and how it differs from other types of salvage titles.
( 23
min )
The conglomerate boom occurred in the period following WWII when many businesses had the money and resources to chase economies of scale.
( 20
min )
In this article, we'll show you how to read the GNP map and how it's still a useful tool in measuring a nation's economic development and overall demand.
( 24
min )
Commercial general liability (CGL) insurance covers a business against claims of property damage, bodily injury, libel, slander, or false advertising. Learn more.
( 22
min )
The Enterprise Ethereum Alliance brings together start-ups and Fortune 500 companies to work on Ethereum as an enterprise-grade technology.
( 20
min )
A statutory stock option is a type of tax-advantaged employee stock option offered to employees by employers.
( 23
min )
The student loan system is in desperate need of reform as graduates struggle to find work and pay off their student loans. Learn about changes that can help.
( 25
min )
Dive into the world of economics by learning the key differences between macroeconomics and finance. These ideas help investors make good choices.
( 18
min )
A rainmaker is an individual who is capable of bringing a substantial amount of new business to a company, usually by attracting affluent clients.
( 19
min )
An appraiser is a professional with the knowledge and expertise necessary to estimate the value of an asset.
( 20
min )
Pork barrel legislation refers to politicians trading favors with constituents or special interest groups in exchange for political support.
( 23
min )
Smart contract dispute resolution is resolving disputes that occur when blockchain technology is involved in a transaction and a smart contract is executed.
( 21
min )
A K-shaped recovery is an economic recovery in which the performance of different parts of the economy can diverge widely.
( 24
min )
Learn the difference between barter and currency systems in the trade of goods and services and why currency systems are preferred over bartering.
( 23
min )
Government assistance programs are in great demand when there is high unemployment or low wages. Learn what’s available, how to qualify, and where to apply.
( 43
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These inventions in the fields of finance, healthcare, technology, food, and energy have greatly improved our standard of living.
( 23
min )
Signs are trickling in that China's economy and financial markets may be stirring after a sharp downturn, but these events may not be enough to stabilize China’s economy.
( 19
min )
China's real aim in targeting Apple and iPhones isn't about national security or economics, analysts said. It's about stoking nationalistic fervor.
( 19
min )
The social license to operate (SLO) refers to the ongoing acceptance of a company's standard business practices.
( 19
min )
Market access refers to the ability of a company or country to sell goods and services across borders.
( 19
min )
Discover the significance of capital expenditures and learn what types of businesses or industries have the largest capital expenditures.
( 21
min )
Understand what private wealth management is from the perspective of both the private client and the private wealth manager.
( 24
min )
Stagevergoedingen in Nederland lopen sterk uiteen. Waar de ene student voor een stage 700 euro per maand ontvangt, krijgt een andere stagiair helemaal niets. In 2022 heeft 44 procent van de studenten geen stagevergoeding ontvangen.
( 4
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Het is onwaarschijnlijk dat de Europese Centrale Bank (ECB) begin volgend jaar de rente gaat verlagen. Dat zei Martins Kazaks, president van de centrale bank van Letland en ECB-bestuurder, op een conferentie in het Spaanse Santiago de Compostella.
( 4
min )
Opnieuw zijn er stakingen bij de Australische fabrieken van Chevron die vloeibaar aardgas (lng) produceren. De fabrieken in Australië zijn goed voor ongeveer 7 procent van de wereldwijde leveringen van lng.
( 3
min )
De verkoop van champagne is wat aan het inzakken na een sterke stijging in de coronaperiode. Dat zegt de topman van de champagne- en wijnendivisie van het Franse luxebedrijf LVMH, eigenaar van champagnemerken als Moët & Chandon en Dom Pérignon.
( 3
min )
De verkoop van champagne is wat aan het inzakken, na een sterke stijging in de coronaperiode. Dat zegt de topman van de champagne- en wijnendivisie van het Franse luxebedrijf LVMH, dat eigenaar is van champagnemerken als Moët & Chandon en Dom Pérignon.
( 3
min )
Mensen met een modaal inkomen komen steeds verder in de knel. Door de hoge energieprijzen en duurdere boodschappen kunnen ze nauwelijks rondkomen. Ondertussen blijven de lonen achter. Veel middeninkomens moeten daarom noodgedwongen hun uitgavenpatroon aanpassen.
( 5
min )
Joining a group of like-minded people is a great way to explore investing without laying out large sums of money.
( 23
min )
The Stability and Growth Pact is a set of fiscal rules designed to prevent countries in the European Union from spending beyond their means.
( 21
min )
Learn the typical debt-to-equity (D/E) ratios for companies in the real estate sector and discover how this measure of financial health determines leverage.
( 22
min )
The low capital outlay necessary, risk management tools available, and tax benefits make spread betting a compelling opportunity for speculators.
( 23
min )
From the Japanese bubble to overseas manufacturing, violent swings in exchange rates and the value of the yen have affected the Japanese economy.
( 24
min )
A prediction market is a type of market where contracts that are contingent on the occurrence of events in the future can be traded.
( 23
min )
Find out why bank stocks usually trade below book value and learn how trading activities increase a bank's risk exposure and affect its valuation.
( 22
min )
Robert J. Aumann is a mathematician and economist famous for his work on game theory, who won the 2005 Nobel Prize in Economics.
( 23
min )
Explore whether the substitution effect is positive or negative for consumers as well as for retailers, manufacturers and other companies that sell products.
( 19
min )
Thanks to a loophole known as a backdoor Roth IRA, high-income earners can make indirect contributions to Roth IRAs.
( 26
min )
Netflix shares fell more than 10% this week, but seemed to have little effect on popular ETFs with exposure to the company.
( 17
min )
Specialty coffee roaster Farmer Brothers missed profit expectations for the quarter ended June 30, as slowing sales growth and persistently high coffee prices weighed on profitability.
( 18
min )
Lionel Messi is gold for the U.S. economy, as his move to Major League Soccer could generate $256 million in league revenue, drive hundreds of thousands of subscriptions to Apple, and even press South Florida real estate values higher.
( 19
min )
Read about the concept of utility in microeconomics, and learn why economists disagree about its usefulness in the analysis of actions.
( 27
min )
Here is how much each U.S. president contributed to the U.S. national debt, both by percentage and in dollar amounts.
( 28
min )
Clients love planners who sell securities, but a securities license takes a lot of work. Learn if the stress and study are worth it.
( 23
min )
The United Auto Workers said Saturday it had “reasonably productive conversations” with Ford, as its limited strike against the Big 3 automakers carried into a second day. The union is trying to reach a deal with not only Ford but also General Motors and Stellantis for better pay in an era of big profits for the industry, which is trying to transition from gasoline-powered engines to electric vehicles. Stellantis on Saturday also gave details about its most recent offer to the union, which brought its wage proposal roughly in line with its competitors.
( 33
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(Bloomberg) -- Amid signs the bond market has bought into the Federal Reserve keeping interest rates higher for longer, a cohort of investors is placing bets on the economy hitting a wall — and a sharp policy reversal in short order.Most Read from BloombergUltra-Rich Buy Ultra-Luxury Counseling to Get Kids Into HarvardMGM Resorts Hackers Broke In After Tricking IT Service DeskDisney Talks on ABC Sale Heat Up as Byron Allen Makes OfferCanada Postpones Trade Mission to India With Tensions On RiseA
( 33
min )
(Bloomberg) -- Fixed-income investors that are “risk on” are benefiting from the global economy’s ongoing resilience, fueling appetite for leveraged loans in particular. Most Read from BloombergMGM Resorts Hackers Broke In After Tricking IT Service DeskUltra-Rich Buy Ultra-Luxury Counseling to Get Kids Into HarvardBillionaire Case Bets on Superfast Jet, AI Beyond Silicon ValleyCanada Postpones Trade Mission to India With Tensions On RiseErdogan Says Turkey, EU May ‘Part Ways’ After Critical Repo
( 33
min )
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Find out why bank stocks usually trade below book value and learn how trading activities increase a bank's risk exposure and affect its valuation.
( 22
min )
Tuesday brought exciting news for the StartEngine platform. During a webinar led by StartEngine CEO Howard Marks, the equity crowdfunding platform unveiled its latest initiative: StartEngine Private. The new venture aims to create a dedicated space for accredited investors to invest in some of the nation's top venture-backed startups. While there's much anticipation surrounding which companies will be part of the StartEngine Private portfolio, familiar names are expected to be among them. Specul
( 32
min )
Talks between the United Auto Workers and the Detroit Three automakers resumed on Saturday, a day after the union began its first simultaneous strikes at three U.S. auto plants. The four-year labor deal between the union and General Motors, Ford Motor and Chrysler-parent Stellantis expired at 11:59 p.m. EDT on Thursday. Stellantis said on Saturday it has hiked its offer, proposing cumulative raises of nearly 21% over a four-and-a-half-year contract term, including an immediate 10% hike.
( 32
min )
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Netflix shares fell more than 10% this week, but seemed to have little effect on popular ETFs with exposure to the company.
( 19
min )
SEC penalties for technical violations have exploded, prompting the high-speed trader Virtu to litigate rather than pay.
( 25
min )
Investors are worried that the postpandemic travel surge will fade.
( 25
min )
In California, nearly 1 million fast food and healthcare workers are set to get a major raise after a deal was announced earlier this week.
( 32
min )
When you first go on Medicare, insurance companies must sell you supplemental coverage no matter how poor your health. The window closes.
( 22
min )
The lawsuit, which also targets BP and ConocoPhillips, alleges the energy giants' actions have caused tens of billions of dollars in damage and accuses them of deceiving the public, the report said, citing a filing in a superior court in San Francisco. The American Petroleum Institute, an industry trade group, has also been listed as a defendant in the case, the report said, adding that California has sought the creation of an abatement fund to pay for future damages caused by climate related disasters in the state.
( 32
min )
Horns blare in support of strikers outside the carmakers’ plant in Wayne, Michigan, as union members attack ‘corporate greed’
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Where you keep your money matters. When it comes to retirement taxes, there are two main issues to consider: account type and asset class. Account type is where you keep your investments, such as an IRA, a 401(k) or a taxable account. Asset class refers to the type of investments you own, like stocks and […] The post Where You Keep Your Investments Can Help You Save Big on Taxes in Retirement appeared first on SmartReads by SmartAsset.
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Japan's SoftBank is looking for deals in artificial intelligence, including a potential investment in OpenAI, after the blockbuster listing of its Arm unit, the Financial Times reported on Saturday. SoftBank's founder and chief executive, Masayoshi Son, is looking to invest tens of billions of dollars in AI after completing Arm's initial public offering, the newspaper said, citing two people familiar with the matter.
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Angola's interest payments to external creditors, mostly Chinese, doubled from US$775 million in the first quarter of this year to US$1.57 billion in the second quarter as the three-year debt moratorium with Chinese creditors ended. The rise was the highest since at least the first quarter of 2012, according to data released by the African nation's central bank, Banco Nacional de Angola (BNA). But the higher interest payments were partly offset by a fall of the deficit in service trade to a two-
( 34
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The grocery-delivery company is set to deliver significant paper losses to many of the private investors who piled on late.
( 27
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Software engineer Jacky Jia has been paying more attention than usual to his stocks portfolio since China launched a torrent of measures aimed at boosting the beleaguered market in recent weeks. Regulators have slashed the stamp duty on transactions, restricted divestments by major shareholders and taken tighter control of approving new share offerings in a string of actions that have taken the immediate sting out of the sell-offs that have roiled the onshore market. Having banked a reasonable r
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(Bloomberg) -- After several days of chaos, BP Plc is ending the week without a permanent leader and with significant doubts over its strategy.Most Read from BloombergMGM Resorts Hackers Broke In After Tricking IT Service DeskUltra-Rich Buy Ultra-Luxury Counseling to Get Kids Into HarvardBillionaire Case Bets on Superfast Jet, AI Beyond Silicon ValleyCanada Postpones Trade Mission to India With Tensions On RiseDisney Talks on ABC Sale Heat Up as Byron Allen Makes OfferThe shock resignation of Ch
( 34
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At a recent talk I gave to a company in California, I asked the audience how many of them had ever been asked about their relationship history in a professional capacity. Not a hand went up.
( 33
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The app at the center of meme-stock frenzy now wants your retirement money.
( 23
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"Affordability is still very challenged and now it's started to get worse again," according to a Morgan Stanley researcher.
( 32
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The defense contractor spent heavily on acquisitions, then struggled during the pandemic. Now with new senior leadership working to fix its operational problems, its shares could fly.
( 21
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(Bloomberg) -- A massive retreat of funds from Chinese stocks and bonds is diminishing the market’s clout in global portfolios and accelerating its decoupling from the rest of the world.Most Read from BloombergDisney Talks on ABC Sale Heat Up as Byron Allen Makes OfferUnited Auto Workers Call Unprecedented Strike at All Three Detroit AutomakersApple iPhone 15 Pro Max Deliveries Slip to November in Sign of DemandCaesars Entertainment Paid Millions to Hackers in AttackVideo-Game Company Unity Clos
( 34
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Duitse rechtbanken en openbare aanklagers krijgen de komende tien jaar te maken met grote personeelstekorten. Dat is het gevolg van een golf van pensioneringen van juridische medewerkers, rechters en advocaten, zegt Sven Rebehn, hoofd van de Duitse vereniging van rechters.
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De wereld staat niet stil in de klimaatstrijd, maar om het Parijsakkoord te laten slagen is een grote krachtsinspanning nodig. Fossiele investeringen vormen een hobbel, en ook aanpassingen aan de gevolgen van klimaatverandering blijven achter.
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Extreme weersomstandigheden zorgen steeds vaker voor vervelende situaties en schade. Niet alleen thuis, maar ook op vakantie. Wie betaalt die schade? En kan je je tegen alle soorten weersomstandigheden verzekeren?
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Extreme weersomstandigheden zorgen steeds vaker voor vervelende situaties en schade. Niet alleen thuis, maar ook op vakantie. Wie betaalt die schade? En kan je je tegen alle soorten weersomstandigheden verzekeren?
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The current and former “bond kings” snipe at each other but then settle down to the serious stuff: where they’re putting their money, from mortgages to MLPs.
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Changing work rules have brought more women into the labor force. Early research suggests it could be contributing to higher birth rates. Plus, market newsletter commentary on the bank sector’s woes, small-business sentiment, and energy stocks.
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Wall Street legend Warren Buffett has always been a proponent of value investing. The Oracle of Omaha’s decades of almost unparalleled success have been built on recognizing when a stock is priced significantly below its inherent worth and then betting big on it. Touting the merits of patience and the long-term effect of compounding returns, Buffett is a master of his profession. However, even the most successful investors’ portfolios include stocks that go through down periods. It’s probably sa
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New regional chief will have offices in Winston-Salem and Charlotte, company says.
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Today's best CD rate is 5.75%, with six options available on terms of 6 to 15 months. If you have a jumbo CD deposit, you can do even better, earning up to 5.85%.
( 20
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The nation's largest pension fund, the California Public Employees' Retirement System, said Friday that investment chief Nicole Musicco will step down after a year and a half in the job.
Musicco is the latest in a string of top officials to leave Calpers, which for years has dealt with [significant
( 22
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The UAW took aim at Ford’s Jim Farley for making $21 million last year, but the CEOs of GM and Stellantis actually make even more.
( 34
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(Bloomberg) -- Planet Fitness Inc. sank after the company announced the immediate departure of its Chief Executive Officer Chris Rondeau, who’s held the position for more than a decade. Most Read from BloombergDisney Talks on ABC Sale Heat Up as Byron Allen Makes OfferUltra-Rich Buy Ultra-Luxury Counseling to Get Kids Into HarvardCanada Postpones Trade Mission to India With Tensions On RiseApple iPhone 15 Pro Max Deliveries Slip to November in Sign of DemandUnited Auto Workers Call Unprecedented
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Planet Fitness noted it has brought in an executive search firm to find a permanent replacement, and both internal and external candidates will be considered.
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Consumers took two hits in the pocketbook this past week. First came the August inflation numbers, with the headline annualized rate rising rom 3.2% to 3.7%. And on the heels of that came news that US crude oil, the WTI benchmark price, jumped above $90 per barrel for the first time since last November. That increase marks the latest in a series of oil price increases this year. WTI is up 40% from the low point it hit in March of this year, and shows a total year-to-date gain of 13.5%. The risin
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(Bloomberg) -- The euro was headed for the longest streak of losses since its inception on bets the European Central Bank is done raising interest rates. Most Read from BloombergDisney Talks on ABC Sale Heat Up as Byron Allen Makes OfferUnited Auto Workers Call Unprecedented Strike at All Three Detroit AutomakersApple iPhone 15 Pro Max Deliveries Slip to November in Sign of DemandUltra-Rich Buy Ultra-Luxury Counseling to Get Kids Into HarvardCanada Postpones Trade Mission to India With Tensions
( 32
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Nicole Musicco is stepping down this month from the top investment spot at CalPERS, which she took 18 months ago.
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The funds will allow investors to easily get exposure to the chipmaker, whose stock has been soaring.
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Oil-and-gas companies have been laying down drilling rigs for much of 2023 as prices tumbled. Not anymore.
Producers this week ramped up drilling at the fastest pace since November, according to Baker Hughes, a sign that the sector is optimistic that fuel prices could rise in the months ahead.
Per
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Working from home surged in popularity because of the COVID-19 pandemic and subsequent lockdowns. Although the crisis is largely in the rearview mirror, remote work continues to be popular because it offers flexibility and alleviates commuting stress. But that convenience is no longer available at Wall Street juggernaut Goldman Sachs Group Inc. (NYSE:GS). According to a recent report from Bloomberg, Goldman is urging its employees to return to the office full time, following senior managers' fru
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Detroit’s striking auto workers would need a 30% pay hike just to cover inflation, making their demand for a 36% raise seem "fair," one analyst said.
( 33
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UBS argues that with various economic forces in balance, investors now have an opportunity to reap rewards across asset classes.
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(Bloomberg) -- Mohamed El-Erian is warning that a swath of corporations will be hurt by higher interest rates when they have to refinance next year.Most Read from BloombergDisney Talks on ABC Sale Heat Up as Byron Allen Makes OfferUnited Auto Workers Call Unprecedented Strike at All Three Detroit AutomakersCaesars Entertainment Paid Millions to Hackers in AttackVideo-Game Company Unity Closes Offices Following Death ThreatApple iPhone 15 Pro Max Deliveries Slip to November in Sign of Demand“If y
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The strategy of striking against all three automakers but at select plants — with the possibility of expanding the strike if necessary — is new for the union.
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My wife and I are 70 years old. We've paid off everything, including the house. Between my pension of $29,000 and Social Security, we're getting a gross of $99,000 a year in income, which is more than enough. Our current … Continue reading → The post Ask an Advisor: We Are 70 Years Old, Have $99K in Retirement Income, a $1.4M IRA and Other Investments. Is It Too Late to Convert to a Roth? appeared first on SmartAsset Blog.
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It doesn’t take much for sentiment to shift abruptly on Wall Street. Markets could be up one moment, then all of a sudden crash on account of a negative development. And looking at its current state, it won’t take much for it to come tumbling down, says Morgan Stanley’s chief investment officer and chief US equity strategist, Mike Wilson. “The S&P 500 risk/reward today is one of the worst I’ve ever seen, given the earnings setup that we see in front of us combined with the valuation that we have
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Retirement can seem like a faraway goal until all of a sudden, it's not. When you only have a few years left until you retire, the financial decisions you make take on a new importance. Once you're inside the five-year window, that's a good time to review your plan to make sure you're on track. […] The post How to Master the Last 5 Years Before Retirement appeared first on SmartReads CMS - SmartAsset.
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General Motors and two other automakers failed to reach a new labor agreement before their contract with employees represented by the United Auto Workers expired at midnight.
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The fitness chain says it has appointed Craig Benson as interim chief executive officer, effective immediately.
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The company reveals deliveries of its hydrogen-fuel-cell electric truck should begin in late September and early October.
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A logistics and supply chain deal is set to send ripples across the space as J.B. Transport Inc. revealed Thursday plans to acquire the brokerage operations of BNSF Logistics. Here are more details on the deal.
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(Bloomberg) -- Charles Schwab Corp. said it has been temporarily affected by attrition from clients as it integrates TD Ameritrade, leading to a decline in net new money for the firm last month.Most Read from BloombergByron Allen Makes $10 Billion Bid for ABC, Other Disney NetworksCaesars Entertainment Paid Millions to Hackers in AttackVideo-Game Company Unity Closes Offices Following Death ThreatUnited Auto Workers Call Unprecedented Strike at All Three Detroit AutomakersDisney Holds Initial Ta
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Chinese automakers like BYD have notched impressive growth in Europe as consumers flock to their affordable electric-vehicles.
( 22
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Elon Musk biographer Walter Isaacson's new book about the billionaire details his ouster as PayPal CEO by a group known as the "PayPal Mafia" who replaced him with Peter Thiel.
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The steel manufacturer says it expects third-quarter earnings between $4.10 and $4.20 a share, lower than the $4.61 analysts had forecast.
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Lisa Celli was excited to start her first day on Jan. 5 as a contractor delivering mail for the U.S. Postal Service in the small unincorporated town in California where she and her husband live. However, less than 24 hours after finishing her first route for Ameritrans Express, she received an alarming email stating the contract delivery company was taking “drastic action.” The post Former drivers for Ameritrans Express owed millions of dollars in unpaid wages appeared first on FreightWaves.
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Shares of Ford and General Motors fall after the United Auto Workers strikes against the Big Three auto makers, Arm stock surges after climbing in its trading debut, and Adobe beats earnings estimates.
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Kiwi Camara's salary, at $110 million, made him one of just nine CEOs to be paid more than Apple's Tim Cook, who was paid just $99 million.
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Shares in the chip designer jumped after it went public this week, with premarket trading volumes abnormally high as investors flocked to Arm stock.
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(Bloomberg) -- A resilient US economy will prompt the Federal Reserve to pencil in one more interest-rate hike this year and stay at the peak level next year for longer than previously expected, according to economists surveyed by Bloomberg News.Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackVideo-Game Company Unity Closes Offices Following Death ThreatByron Allen Makes $10 Billion Bid for ABC, Other Disney NetworksWhen the Homeowners Association Comes for Your H
( 33
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The technology company beat Wall Street expectations for both earnings and guidance.
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The big theme driving markets in 2023 has been the boom in enthusiasm for artificial-intelligence-exposed industries and firms. Is it played out?
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Hundreds of people, including auto workers on the night shift and their supporters, gathered at a Ford assembly plant in Wayne, Michigan as members of the United Auto Workers (UAW) union walked off the job to begin a historic strike. The first-ever simultaneous strikes against the "Detroit Three" automakers, including General Motors and Chrysler parent Stellantis, kicked off early on Friday after the union and companies failed to agree on new contracts. "This is what union looks like," said Mike Lester, a supporter who works at a supplier to the major automakers.
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Taiwan's TSMC has told its major suppliers to delay the delivery of high-end chipmaking equipment, as the world's top contract chipmaker grows increasingly nervous about customer demand, two sources familiar with the matter said. The instruction by TSMC, which is grappling with delays at its $40 billion chip factory in Arizona, is aimed at controlling costs and reflects the company's growing caution about the outlook for demand, the sources said. TSMC said it does not comment on "market rumour".
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(Bloomberg) -- SoftBank Group Corp.’s Masayoshi Son, whose record on tech investing took a drubbing after flameouts like WeWork and DoorDash Inc. fueled a record $32 billion loss at its Vision Fund arm in the last fiscal year, was determined to turn the tide.Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackVideo-Game Company Unity Closes Offices Following Death ThreatWhen the Homeowners Association Comes for Your HomeDisney Holds Initial Talks on Sale of ABC to Loc
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A proposal to revamp Visa’s complicated share structure has triggered a drop in its stock. It should be only temporary.
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The auto workers strike highlights Ford and GM's biggest issue: Can they afford to spend what it takes to thrive in the new world of electric vehicles?
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The labor contract between the United Auto Workers and the Detroit-Three automakers expired Thursday. A deal isn't done and the UAW declared a strike against the Detroit-Three automakers.
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A smart investor is a patient investor, in the game for the long haul. Warren Buffett, a legend in the markets, has long been known for advocating long-term holdings – and so does the investment firm Morgan Stanley. The bank’s annual ‘Vintage Values’ report points out the firm’s top stocks for a ‘buy-and-hold’ strategy on the one-year horizon. The current Vintage Values list has a lot to say on the subject, but a few features of their picks stand out. First, all of their picks are mid- or large-
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The United Nations Commission on International Trade Law is the core legal body of the United Nations' system in the field of international trade law.
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To reduce the risk if you need to cash out of a CD early, choose one of these options that pays a nationally ranked APY but with a mild early withdrawal penalty.
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Classical growth theory is an older theory that describes economic growth as a result of the division of labor and the gains from trade.
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Charles Schwab shares declined after reporting its core net new assets dropped last month, in part due to attrition from clients who were originally at TD Ameritrade.
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Today's best CD rate is 5.75%, with six options available on terms of 6 to 15 months. If you have a jumbo CD deposit, you can do even better, earning up to 5.85%.
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U.S. equities sank on Sept. 15, 2023, with the S&P 500 Index dropping 1.2%, after a measure of consumer sentiment fell and tech stocks tumbled.
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There are at least four factors that affect change in futures prices, including risk free-interest rates, particularly in a no-arbitrage environment.
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Planet Fitness noted it has brought in an executive search firm to find a permanent replacement, and both internal and external candidates will be considered.
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Though markets may change, the best stock market quotes are timeless.
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While it has an abundance of resources, including people, Brazil needs to begin to refocus its management and development strategies.
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Defined-benefit plans are funded by employers, while employees make contributions to defined-contribution plans to save for retirement.
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Interbank Network for Electronic Transfer (INET) processed credit and debit card transactions between financial institutions (FIs).
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Coming up next week: Federal Reserve and Bank of England policy meetings, as well as updates on the U.S. housing market.
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Officials at the Federal Reserve probably won’t raise the benchmark Fed Funds rate when they meet next week, but they will shed some light on how long today’s high interest rates will stay with us.
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Compare mortgage rates across 18 different products for both purchase and refinance and see how they stack up across the country.
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Downturns in the business cycle cause cyclical unemployment, so policymakers should focus on expanding output, which can be achieved by stimulating demand.
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Stubborn inflation is making people feel pretty lousy about their own finances and the economy.
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The Current Population Survey is a statistical survey of households that is performed by the U.S. Census Bureau of Labor Statistics on a monthly basis.
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These companies had the most complaints about student loans reported to the Consumer Finance Protection Bureau. See which lender had the worst record.
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Instacart increased its valuation to $10 billion after Arm Holdings' smooth listing amid active investor interest on Thursday.
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U.S. equities dropped at midday on Friday, Sept. 15, 2023, after a report that consumer sentiment fell in September, and ahead of next week's Fed meeting.
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Thomas C. Schelling was an American economist who received the 2005 Nobel Prize in economics for his application of game theory to social, political and economic problems.
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Adobe posted better-than-expected results and profit guidance as the company joined the growing list of tech firms that are benefiting from soaring demand for artificial intelligence products.
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Duopsony, the opposite of duopoly, is an economic condition in which there are only two large buyers for a specific product or service.
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Media entrepreneur Byron Allen reportedly has offered to purchase the Walt Disney Co.’s ABC network, local stations, and cable channels FX and National Geographic.
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Apple will roll out a software update for iPhone 12 users in France after the country banned sales of iPhone 12 over radiation concerns, while other European countries mull similar measures.
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Women's small business grants are offered by many institutions, private and public alike, for the purposes of funding women-owned businesses. Here's how to find and apply for these opportunities and understand the eligibility and documentation requirements.
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The debt avalanche method pays off the high-interest debt first, and the debt snowball method focuses on paying off the smallest debt first. Learn how they work.
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The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 20-year mortgage rates, all collected here.
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The right mortgage can make your dream of owning a home a reality. We researched and collected the best 15-year loan offers.
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The United Auto Workers union launched a simultaneous strike against the Big Three Detroit car companies for the first time after failing to reach an agreement by Thursday's deadline.
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The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 10-year mortgage rates, all collected here.
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The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best jumbo mortgage rates, all collected here.
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The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 30-year mortgage rates, all collected here.
( 18
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Compare mortgage refinance rates across 18 different products, from 30-Year Fixed to 5/6 ARMs and everything in between.
( 18
min )
Price rate of change (ROC) is a technical indicator that measures the percent change between the most recent price and a price in the past used to identify price trends.
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Wijnboeren in Italië maken zich op voor een slecht oogstseizoen. Schimmels die de wijnranken aantasten kregen vrij spel dankzij opeenvolgende periodes van hevige regen en droogte. Vooral in Zuid-Italië zorgt dat voor problemen met de oogst.
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De fossiele sector krijgt nog meer subsidie dan gedacht. Volgens een berekening van het ministerie van Economische Zaken en Klimaat gaat het om 39,7 miljard tot 46,4 miljard euro per jaar.
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Vakbonden FNV en CNV zijn samen met KLM tot een cao-akkoord gekomen voor het grondpersoneel van de luchtvaartmaatschappij. Het is nu aan de leden van de bond om daarmee in te stemmen. Doen zij dat, dan zijn de eerder dreigende stakingen definitief van de baan, aldus CNV-onderhandelaar Souleiman Amallah.
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Oekraïne mag weer graan exporteren naar Oost-Europese landen. Dat zijn Brussel en Kyiv overeengekomen. Wel moet Oekraïne zelf maatregelen nemen zodat hun goedkope landbouwproducten niet te veel concurreren met die van Hongaarse en Slowaakse boeren.
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De staalfabriek van Tata Steel in Wales krijgt 580 miljoen euro (500 miljoen pond) steun van de Britse overheid. Het bedrijf legt zelf nog 700 miljoen bij. Het geld is nodig om de staalproductie te vergroenen.
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De Ierse privacytoezichthouder DPC heeft een boete van 345 miljoen euro opgelegd aan TikTok. Het videoplatform heeft volgens de waakhond de privacy van kinderen in Europa onvoldoende beschermd.
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Nu de festivalzomer ten einde loopt, maken eigenaren van foodtrucks de balans op. Hoe hebben zij zich deze zomer staande gehouden met de stijgende inkoopprijzen en personeelskosten?
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Slechts een minderheid van de 75.000 gedupeerde passagiers van Holland Norway Lines kan de kosten voor hun geboekte reis vergoed krijgen vanuit het garantiefonds SGR. Dat verwacht de curator van de failliete veerdienst, Hans Silvius.
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Nu de festivalzomer ten einde loopt, maken eigenaren van foodtrucks de balans op. Hoe hebben zij zich deze zomer staande gehouden met de stijgende inkoopprijzen en personeelskosten?
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Automobilisten moeten steeds meer betalen aan de pomp. Vooral de dieselrijder was afgelopen week de pineut: de brandstof werd in een week tijd 8 cent per liter duurder. Bij benzine kwam er 3,5 cent bij.
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Er zijn nog steeds bedrijven die mensen zomaar bellen om producten of contracten te verkopen. "Als je ongevraagd wordt gebeld met een aanbieding, is dat eigenlijk nooit het beste aanbod", zegt de Autoriteit Consument & Markt. Laat staan dat verkopers je überhaupt mogen bellen.
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Er komt een software-update die de stralingsproblemen van de iPhone 12 moet oplossen. Omdat de iPhone 12 te veel straling uitzendt, mag het toestel in Frankrijk niet meer worden verkocht. Ook in Nederland wordt het stralingsniveau van de telefoon onderzocht.
( 4
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Er zijn nog steeds bedrijven die mensen zomaar bellen om producten of contracten te verkopen. "Als je ongevraagd wordt gebeld met een aanbieding, is dat eigenlijk nooit het beste aanbod", zegt de Autoriteit Consument & Markt. Laat staan dat verkopers je überhaupt mogen bellen.
( 3
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Er komt een software-update die de stralingsproblemen van de iPhone 12 moet oplossen. Omdat de iPhone 12 te veel straling uitzendt, mag het toestel in Frankrijk niet meer worden verkocht. Ook in Nederland wordt het stralingsniveau van de telefoon onderzocht.
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Wie geen afscheid kan nemen van een oud paar Dr. Martens kan binnenkort in de Engelse plaats Leeds terecht voor reparatie. Daar opent het schoenenbedrijf een speciale werkplaats, ook al gaat dat mogelijk ten koste van de verkoop.
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In drie Amerikaanse autofabrieken zijn stakingen begonnen nadat de grootste Amerikaanse vakbond van de autosector geen akkoord heeft bereikt met de grote autofabrikanten. 12.700 werknemers leggen het werk neer. Ze eisen een hoger salaris en betere arbeidsvoorwaarden.
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Vakbond CNV heeft nieuwe onderhandelingseisen bekendgemaakt. Volgend jaar zal de vakbond loonsverhogingen najagen van 4 tot 10 procent. Ook zet CNV in op een kortere werkweek en aandelen voor werknemers.
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In drie Amerikaanse autofabrieken zijn stakingen begonnen nadat de grootste Amerikaanse vakbond van de autosector geen akkoord heeft bereikt met de grote autofabrikanten. 12.700 werknemers leggen het werk neer. Ze eisen een hoger salaris en betere arbeidsvoorwaarden.
( 3
min )
In drie Amerikaanse autofabrieken zijn stakingen begonnen nadat de grootste Amerikaanse vakbond van de autosector geen akkoord heeft bereikt met de grote autofabrikanten. 12.700 werknemers leggen het werk neer. Ze eisen een hoger salaris en betere arbeidsvoorwaarden.
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Het nieuwe kabinet staat straks voor een grote uitdaging: een oplossing vinden voor de krapte op de arbeidsmarkt. De personeelstekorten in sectoren als de zorg, het onderwijs en de techniek zijn enorm en dat blijft voorlopig zo.
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General Motors said Thursday it boosted its contract offer to a 20% wage hike for U.S. autoworkers, including 10% in the first year, in a move to avoid a strike that is scheduled to begin at 11:59 p.m. if no deal is agreed on. The strike by the United Auto Workers union, which represents about 150,000 workers at Ford, General Motors and Stellantis, would target specific automotive plants across the country. According to Anderson Economic Group, a work stoppage of 10 days could result in an economic loss of more than $5 billion.
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As Citigroup embarks on a sweeping reorganization, support staff in compliance and risk management are among the most likely to lose their jobs, according to sources familiar with the situation. Citi managers are already convening discussions with employees about potential layoffs, according to the sources, who declined to be identified discussing personnel matters. One-on-one meetings about departures were also starting, one of the sources said.
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GE management said Thursday third-quarter earnings per share and free cash flow are coming in at the upper end of the expected range.
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About 13,000 auto workers have walked off the job at three targeted factories after their union leaders couldn't reach a deal with Detroit's automakers. The United Auto Workers union is seeking big raises and better benefits from General Motors, Ford and Stellantis.
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Today's best CD rates are 5.85% and 5.80% if you have a jumbo deposit, or 5.75% with one of six non-jumbo options. Terms on the top rates range from six to 15 months.
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Nearly half of Americans say it would "take a miracle" for them to achieve retirement security, according to a new study.
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United Auto Workers say their pay should be increased in new four-year contract with Ford, GM and Stellantis.
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Shares of AT&T advanced on Thursday after the telecom giant’s CFO told an investor conference he was confident of the company’s outlook.
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Investors looking to bet against the soaring shares of newly-listed Arm Holdings may have to wait at least a day before the stock becomes available for shorting, analysts said. Shares in SoftBank's Arm Holdings opened 18% above their offer price in their Nasdaq debut on Thursday, valuing the British chip designer at nearly $60 billion in its return to the public markets after seven years. Investors can begin selling the shares short as soon as their broker has reasonable grounds to believe that the security can be borrowed - in market parlance, be able to "locate" the shares, said Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners.
( 31
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(Bloomberg) -- Cocaine is set to become Colombia’s main export, overtaking oil, as production of the narcotic continues to expand as the government take a more lenient policy regarding drugs, according to estimates by Bloomberg Economics.Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackRay Dalio Says He Doesn’t Want to Hold Bonds, Cash ‘Is Good’Russian Elite Bring Back $50 Billion of Assets as Havens DwindleStocks Climb on Bets Fed Can Achieve Soft Landing: Markets
( 32
min )
The company is in the midst of moving thousands of advisors to its platform from TD Ameritrade, which it acquired three years ago.
( 22
min )
Card firm Visa is in discussions with stockholders to possibly allow big banks to exchange up to half their class B shares, which don't trade publicly, into NYSE-listed shares.
( 22
min )
The deals are more accessible to everyday investors than traditional initial public offerings.
( 27
min )
GE, soon to become GE Aerospace, is bolstering its strong balance sheet ahead of the company's spinoff of GE Vernova and relocation to Cincinnati. "Things could not be set up better for both businesses."
( 21
min )
(Bloomberg) -- Just weeks before closing its doors and dismissing thousands of employees, Yellow Corp. doled out millions of dollars in bonuses to executives so they wouldn’t leave the trucking firm during its chaotic unraveling, court papers show.Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackRay Dalio Says He Doesn’t Want to Hold Bonds, Cash ‘Is Good’Russian Elite Bring Back $50 Billion of Assets as Havens DwindleCiti Plans Job Cuts as It Revamps Top Management
( 34
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The tech company could talk prominently about its future AI chips at its developer conference next week.
( 22
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It might be time to abandon the idea of a balanced portfolio. Traditional wisdom holds that investors should diversify their assets. While working and saving, you should invest in a mix of assets weighted toward stocks and growth. In your retired life, you should invest in a mix of assets weighted toward security and income. […] The post A Black and White Approach To Retirement: Advisors Weigh In on BlackRock’s Unconventional Recommendation appeared first on SmartReads by SmartAsset.
( 35
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The European Central Bank (ECB) has increased interest rates to a record high as the continent battles to bring down persistent inflation.
( 45
min )
The company led by Joaquin Duato launches a rebranding as it focuses on higher-risk prescription drugs and medical devices after shedding its consumer business.
( 26
min )
Let’s take a moment to talk about opportunity, share price, and risk/reward considerations. These are some of the factors investors must consider when moving into penny stocks – and we haven’t even touched on the fundamental soundness of the company or its business model. Penny stocks – as their name suggests, they once traded for just a pennies per share, but these days are considered those equities trading at less than $5 – are a challenging market niche. The penny stock critics make valid poi
( 35
min )
Etsy upgraded, RTX downgraded to Sell: Wall Street's top analyst calls
( 34
min )
Millions of Americans had student debt canceled despite the Supreme Court's decision. Some will owe state taxes on it. Find out if you're one of them.
( 33
min )
Chief Financial Officer Pascal Desroches at a conference on Thursday said AT&T expects to deliver $4.5 billion to $5 billion in free cash for the third quarter.
( 22
min )
NEW YORK (Reuters) -A slew of U.S. economic data on Thursday showed stronger-than-expected numbers that stoked worries about sticky inflation and reinforced the view that the Federal Reserve is likely to keep interest rates higher for longer. U.S. producer prices rose 0.7% in August, compared with expectations of a 0.4% increase. U.S. retail sales also climbed 0.6% last month, against estimates of a 0.2% rise, while initial jobless claims for the latest week fell to 220.000.
( 33
min )
Bitcoin prices flash a technical warning sign for the first time since January 2022, the early days of last year's brutal bear market.
( 22
min )
Redburn Atlantic analyst Alex Brignall upgrades shares of Carnival and Norwegian Cruise Line Holdings to Buy from Neutral.
( 23
min )
Frustrated that Citi is 'seriously underestimated', Fraser bills her plan as the most consequential change in the way the bank runs in nearly 20 years.
( 33
min )
America’s youngest working generation has a different approach to career growth.
( 32
min )
It isn’t just Tesla founder Elon Musk that thinks workers (or more specifically, remote workers) are “lazy”, Frontier Airlines chief executive, Barry Biffle, recently weighed in on the debate.
( 34
min )
The company would be worth roughly $54.5 billion. Several prominent tech firms have sought to buy into the offering.
( 23
min )
The Berkshire open-market sale is the first of HP since Warren Buffett's conglomerate accumulated a 12% stake in the PC maker in early 2022
( 23
min )
Saving for a down payment can be a significant obstacle for first-time homebuyers. If a child or grandchild is struggling to become a homeowner, you may want to help them out with the assets you’ve managed to accrue. A recent report from J.P. Morgan outlined several techniques that can help parents and grandparents lend a […] The post Here's How to Help Your Child (or Grandchild) Buy a Home appeared first on SmartReads by SmartAsset.
( 33
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(Bloomberg) -- The US bond market hasn’t flashed recession warnings so consistently for so long in at least six decades. Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackCiti Plans Job Cuts as It Revamps Top Management StructureChina Sows Fresh Confusion About Apple With Security RemarksLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticFrom $1 Billion to Almost Worthless: FaZe Clan Runs Out of HypeOn Wall Street and in Washington, optimism may be buil
( 33
min )
Both the Nasdaq and the S&P 500 gained on Wednesday following data that showed the annual rise in core consumer prices, excluding volatile items like food and energy prices, was the smallest in nearly two years. Rising oil prices, however, could keep inflation at elevated levels, analysts said. Higher gasoline prices pushed the headline inflation figure to a 14-month high, while stickiness in services inflation kept alive the prospects of a November hike.
( 32
min )
The head of the United Auto Workers says the union and the Big Three auto makers are still 'very far apart' on the union’s key priorities for wage increases as a strike deadline looms, chip makers Nvidia and Taiwan Semiconductor rise as Arm's IPO is priced at the high end of the expected range, and Berkshire Hathaway sells 5.5 million shares of HP Inc.
( 23
min )
The deals are more accessible to everyday investors than traditional initial public offerings.
( 27
min )
The semiconductor designer priced its U.S. initial public offering at $51 a share, the top of the expected range, which gives the company a market value of almost $55 billion.
( 23
min )
(Bloomberg) -- Bridgewater Associates LP founder Ray Dalio said he doesn’t want to own bonds and prefers cash, highlighting difficulties investors face as global central banks try to manage inflation.Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackCiti Plans Job Cuts as It Revamps Top Management StructureChina Sows Fresh Confusion About Apple With Security RemarksLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticFed on Alert for One More Hike After ‘
( 31
min )
Moody's said it expected contracted sales to fall by about 5% over the next six to 12 months in China, and the impact of government measures to boost property purchases was likely to be short-lived and uneven. China Evergrande Group, the world's most indebted property developer, is at the centre of the crisis.
( 31
min )
(Bloomberg) -- SoftBank Group Corp. satisfied its ambitions for Arm Holdings Plc by raising $4.87 billion in the year’s biggest initial public offering, while resisting the temptation to try for more.Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackCiti Plans Job Cuts as It Revamps Top Management StructureChina Sows Fresh Confusion About Apple With Security RemarksLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticiPhone Pro’s Titanium Finish Stands Ou
( 34
min )
Think Sweden, where a nosedive in the local crown currency over the past 18 months is proving a blessing for used-car dealers and other exporters. But 20 years after Swedes voted in a referendum to stay out of Europe's single currency, the crown's 17.5% slide against the euro is not making everyone happy. "Many foreign car dealers think there is a sale on in Sweden," Joachim Agren, senior key account manager at the Swedish branch of BCA, Europe's largest vehicle remarketing company according to its website, told Reuters.
( 34
min )
Failed talks between RTX and a Saudi defense firm show the kingdom’s difficulties in establishing its own military industry.
( 24
min )
The Hong Kong-listed shares of Chinese electric vehicle (EV) makers fell on Thursday after the European Commission launched an investigation into Chinese subsidies for EVs, escalating tensions between Beijing and the EU. Hong Kong shares of market leader BYD slid more than 3%. Smaller rival Xpeng fell 0.6%, while Nio was down more than 2% and Geely Auto dropped more than 1%.
( 30
min )
(Bloomberg) -- AMC Entertainment Holdings Inc. raised about $325.5 million through the sale of 40 million shares, a move that it said would address a cash crunch as the movie-theater industry rebounds. Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackCiti Plans Job Cuts as It Revamps Top Management StructureChina Sows Fresh Confusion About Apple With Security RemarksLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticiPhone Pro’s Titanium Finish Stands
( 32
min )
"It's going to make some of our people very uncomfortable. I am absolutely fine with that," CEO Jan Fraser said on Wednesday.
( 31
min )
The Berkshire open-market sale is its first of HP since the company accumulated a 12% stake in the PC maker in early 2022
( 23
min )
Warren Buffett's Berkshire Hathaway said on Wednesday it has sold about 5.5 million shares of HP, undoing part of what has been a large, unsuccessful investment in the maker of personal computers and printers. Berkshire sold the shares this week for about $158 million, reducing its HP stake to about $3.27 billion, according to a filing with the U.S. Securities and Exchange Commission. Buffett's company now owns about 11.7% of HP's shares, down from 12.2% before the sales, SEC filings show.
( 32
min )
Forbearance is a form of repayment relief involving temporarily postponing loan payments, typically for home mortgages or student loans.
( 26
min )
Today's best CD rates are 5.85% and 5.80% if you have a jumbo deposit, or 5.75% with one of six non-jumbo options. Terms on the top rates range from six to 15 months.
( 19
min )
Shares of AT&T advanced on Thursday after the telecom giant’s CFO told an investor conference he was confident of the company’s outlook.
( 17
min )
A decade after the financial crisis, Neel Kashkari, the man who oversaw TARP, answers questions on lessons learned.
( 19
min )
U.S. equities gained on Sept. 14, 2023, with the S&P 500 Index adding 0.8%, after positive economic news and a successful IPO from British chip designer Arm.
( 16
min )
Present value means an amount of money today is worth more than that same amount in the future. Unspent money today could lose value by a future date due to inflation.
( 28
min )
Shares of British chip designer Arm jumped close to 25% in their first day of trading after the biggest IPO since October 2021.
( 17
min )
The Revenue Act of 1862 was passed by Congress to fund the Union in the American Civil War and created the Bureau of Internal Revenue.
( 20
min )
America ranked as the 18th best country for retirement in 2022. Here's why it's only in the middle of the pack.
( 22
min )
Betterment and Vanguard Personal Advisor Services are two solid options, so the right one for you will depend on your digital-versus-human preference, the amount you have to invest, and your desire to fine-tune your portfolio.
( 28
min )
The intentional poverty line is a metric used globally to determine if an individual is considered to be living in poverty.
( 19
min )
If paying for college in interest-free installments seems like an appealing alternative to traditional student loans, the government’s consumer watchdog has a warning: Read the fine print carefully.
( 18
min )
Chartered portfolio manager is a professional designation offered by the Global Academy of Finance and Management (GAFM).
( 18
min )
If you bought I bonds in 2022, you're allowed to cash them in once they're a year old. But it's smarter to hold them just a bit longer to boost your return.
( 20
min )
Find out what deflation is and its causes, how it hurts the economy, and how it can lead to a worsening economic cycle.
( 21
min )
A Certified Insolvency & Restructuring Advisor (CIRA) is a certification for professionals who work with companies going through insolvency.
( 20
min )
French regulatory authorities determined that the iPhone 12's emitted radiation that is above acceptable limits, leading to a ban that has raised concerns in other European countries.
( 18
min )
Arm began trading on the Nasdaq on Thursday under the symbol "ARM," in the biggest U.S. IPO since 2021.
( 17
min )
The efficient market hypothesis refers to aggregated decisions of many market participants.
( 19
min )
Austerity measures are attempts to curtail government spending to control public-sector debt.
( 20
min )
Made in America isn't as cut and dried as you might think. Unclear FTC rules allow just enough flexibility to make it hard to tell fact from fiction.
( 24
min )
Issuing its 10th-straight interest rate hike, the European Central Bank raised its main rate to 4%, an all-time high for the institution as inflation is expected to increase to 5.6% in 2023
( 18
min )
When it comes to prices, businesses are in the same boat as consumers: facing higher costs because of rising fuel prices.
( 17
min )
Private companies are owned by a company's founders and/or private investors. Public companies are traded on public exchanges and are owned by shareholders.
( 25
min )
U.S. equities gained at midday on Thursday, Sept. 14, 2023, as a higher-than-expected retail sales report boosted optimism about consumer spending.
( 16
min )
HP shares dropped after Warren Buffett’s Berkshire Hathaway reduced its holdings in the PC and printer maker by 4.5% this week.
( 17
min )
AMC raised more than $325 million after successfully completing a stock sale aimed at shoring up the financially struggling theater chain operator.
( 17
min )
Learn the underlying theories behind these concepts and what they can mean for your portfolio.
( 27
min )
U.S. consumers still have enough buying power to keep on spending—at least on gasoline.
( 18
min )
A buyer's monopoly, or monopsony, is a market situation where there is only one buyer of a good, service, or factor of production.
( 21
min )
Suburbs in New Jersey, Illinois, Indiana among those at highest risk of housing declines, an ATTOM report found, though concluded the economy is too strong to sound any imminent warnings.
( 18
min )
A master limited partnership (MLP) combines the tax benefits of a partnership with the liquidity of a public company.
( 29
min )
Walras's law is a theory that the existence of excess supply in one market must be matched by excess demand in another market so that it balances out.
( 18
min )
A president's campaign trail promises often come up against economic reality.
( 21
min )
The World Trade Organization has its share of detractors. Find out why this international entity has such harsh critics.
( 21
min )
Find out how dividends affect a company's stockholder equity and how the accounting process changes based on the type of dividend issued.
( 23
min )
Regardless of whether a shareholder loses their stock certificate, that person still owns the shares.
( 19
min )
De Franse supermarktketen Carrefour waarschuwt in haar winkels voor krimpflatie, het fenomeen waarbij productverpakkingen kleiner worden, maar de prijskaartjes niet. Carrefour hing kaartjes op bij bepaalde producten, waaronder Lipton Ice Tea, om klanten hiervoor te waarschuwen.
( 3
min )
Een deel van de winkels van de noodlijdende elektronicaketen BCC was donderdag dicht vanwege onveilige situaties voor het personeel. Dat heeft topman Caspar Klinkhamer aan NU.nl laten weten.
( 3
min )
KPN mag telecomprovider Youfone niet zomaar overnemen. Toezichthouder ACM wil eerst onderzoeken of er na de deal nog genoeg concurrentie overblijft.
( 3
min )
Ryanair-baas Michael O'Leary, die vorige week twee taarten van klimaatactivisten in zijn gezicht heeft gekregen, is niet bezorgd over zijn veiligheid. Wel vindt de topman dat de klimaatbeweging de luchtvaart ten onrechte als doelwit heeft genomen, zegt hij tegen Sky News.
( 4
min )
De Autoriteit Persoonsgegevens heeft bij een techbedrijf navraag gedaan naar een chatbot in een app. De privacytoezichthouder wil weten hoe de chatbot persoonsgegevens verwerkt. Om welke app het gaat, zegt de toezichthouder niet. Wel is duidelijk dat de chatbot populair is bij kinderen.
( 4
min )
Om de aanhoudende prijsstijgingen in toom te houden, verhoogt de Europese Centrale Bank (ECB) de rente met 0,25 procentpunt naar 4 procent. Het is de tiende verhoging in iets meer dan een jaar, wat nooit eerder gebeurde.
( 4
min )
Grote techbedrijven als Google en Facebook-moederbedrijf Meta kennen ons ontzettend goed. Op basis van ons kijkgedrag, onze zoekgeschiedenis en hoe we scrollen en liken op Facebook verzamelen ze (vaak) ongemerkt veel informatie. Niet voor niets natuurlijk: zo verdienen de techgiganten hun geld.
( 4
min )
Grote techbedrijven als Google en Facebook-moederbedrijf Meta kennen ons ontzettend goed. Op basis van ons kijkgedrag, onze zoekgeschiedenis en hoe we scrollen en liken op Facebook verzamelen ze (vaak) ongemerkt veel informatie. Niet voor niets natuurlijk: zo verdienen de techgiganten hun geld.
( 4
min )
Nederland staat bekend als fietsland nummer één, maar bij de productie van de tweewielers hebben we het vorig jaar afgelegd tegen acht andere landen binnen de Europese Unie.
( 3
min )
Pieter Pot vraagt klanten voor de tweede keer om te investeren in het bedrijf. Eerder haalde de verpakkingsvrije supermarkt op deze manier een half miljoen euro op. Het blijft onzeker of de idealistische winkel op de lange termijn houdbaar is.
( 4
min )
Leiders van belangrijke techbedrijven kwamen woensdag bij elkaar in de Amerikaanse Senaat om met beleidsmakers te praten over kunstmatige intelligentie. Ze waren het er allemaal over eens: er moeten duidelijke regels voor het gebruik van AI komen.
( 4
min )
Elektronicaketen BCC heeft uitstel van betaling aangevraagd. Het bedrijf heeft te maken met flinke concurrentie, waardoor de financiële positie al maanden onder druk staat.
( 3
min )
Nederland staat voor urgente opgaven op het gebied van klimaat, arbeidsmarkt, gezondheid en het toekomstige verdienvermogen. Daarom moet de overheid scherpere eisen stellen aan bedrijven, minder subsidies verstrekken en meer duidelijkheid eisen voor de lange termijn.
( 4
min )
De inflatie in Argentinië is in augustus op jaarbasis uitgekomen op 124,4 procent. Dat is het hoogste niveau sinds 1991.
( 3
min )
Vereniging Eigen Huis vindt dat het demissionaire kabinet zo snel mogelijk met een oplossing moet komen voor het vleermuizenprobleem bij het isoleren van spouwmuren.
( 3
min )
Als het kabinet ongelijkheid tussen mannen en vrouwen met jonge kinderen op de arbeidsmarkt wil aanpakken, moet er gekeken worden naar de kwaliteit en beschikbaarheid van kinderopvang. En willen we écht meer gelijkheid, dan moet verder gekeken worden dan alleen de kinderopvang.
( 4
min )
Monetization is the permanent increase in the monetary base to fund the government. Central banks buy interest-bearing debt with non-interest-bearing money.
( 20
min )
An express warranty is an agreement by a seller to repair or replace a faulty product within a specified time period after purchase.
( 20
min )
Today's best CD rate is 5.75%, from six banks and credit unions, with top jumbo CD rates of 5.85% from One America Bank and 5.80% from Finworth and All In Credit Union.
( 18
min )
Obtaining a company's prospectus—or other financial documents—is now a simple online task.
( 20
min )
The Senior Citizens League raised its estimate for 2024's Social Security Cost-of-Living Adjustment (COLA) to 3.2%, up from 3% after the latest inflation report showed prices rose more than expected in August.
( 18
min )
US equities were mixed on Sept. 13, 2023, with the S&P 500 Index rising 0.1% after Labor Department reported core consumer inflation that was higher than estimates.
( 16
min )
Jennifer Granholm is the Secretary of Energy. She previously served as the Governor of Michigan and as the state's Attorney General.
( 22
min )
Shares of MGM Resorts International fell after the hotel and casino operator revealed that it was a target of a cybersecurity attack, and suggested that it could have a material effect on the company.
( 17
min )
A company's bankruptcy can mean significant changes for your insurance coverage and benefits. Learn how bankruptcy can affect you and how to stay safe.
( 24
min )
U.S. equities were higher at midday on Wednesday, Sept. 13, 2023 after hotter-than-expected inflation figures as gas prices surged failed to change traders' expectations that the Fed would pause rate hikes.
( 18
min )
At 11:59 p.m. Eastern Time Thursday, up to 150,000 members of the United Auto Workers union could walk off the job if they don’t reach a deal on wages and working conditions with the big three automakers in Detroit.
( 18
min )
Most U.S. employees are using some form of generative artificial intelligence (AI) at work, but few companies have AI policies.
( 17
min )
The loss disallowance rule limits a corporation's ability to claim the losses of a subsidiary business for tax purposes.
( 18
min )
Rising oil prices have boosted some of the biggest exchange-traded funds (ETFs) that track the price of crude, many of which have risen more than 20% since late June.
( 18
min )
SNAP, which is often referred to as the “food stamps program,” has been helping people whose incomes are below the federal poverty threshold purchase food since 1961.
( 24
min )
Read about the difference between asset-price inflation and real economic growth and why a rising stock market or housing market can be misleading.
( 21
min )
Accounting Standards Executive Committee (AcSEC) is now called the Financial Reporting Executive Committee.
( 19
min )
Citigroup (C) on Wednesday launched a restructuring effort, changing its organizational structure and cutting back on jobs. But can the move bring shareholders some respite?
( 18
min )
Vietnamese EV maker VinFast Auto is particularly focused on Indonesia, earmarking $1.2 billion in long-term investments in the nickel-rich nation.
( 17
min )
Moderna (MRNA) was the best-performing stock in the S&P 500 as the vaccine maker reported its experimental flu shot met its primary endpoint in a Phase 3 trial.
( 17
min )
U.S. equities were higher at midday on Wednesday, Sept. 13, 2023 after hotter-than-expected inflation figures as gas prices surged failed to change traders' expectations that the Fed would pause rate hikes.
( 17
min )
Employer mandates are forcing some people to choose between selling their homes at a loss or losing their jobs, according to a Redfin survey.
( 18
min )
The analysis, released by the U.S. Environmental Protection Agency (EPA), used models to assess how the act’s investments in clean energy and other climate-related solutions will reduce CO2 emissions.
( 18
min )
Airline stocks tumbled after American Airlines and Spirit Airlines warned that higher fuel costs and other expenses will hurt profits in the key summer travel season.
( 17
min )
Ford Motor Co (F) will slash prices and double down on the production of its gasoline-electric hybrid F-150 pickup truck, as higher costs continue to limit demand for all-electric vehicles.
( 17
min )
A Special Purchase and Resale Agreement is an open market operation used by the Bank of Canada to help target interest rates.
( 17
min )
Higher fuel prices are driving up the cost of living and complicating the battle against inflation.
( 18
min )
"Best endeavors" is a phrase in commercial contracts that obligates a party to use all efforts necessary to fulfill a duty.
( 19
min )
A business credit score is a number indicating whether a company is a good candidate to receive a loan or become a business customer.
( 25
min )
Uncollected funds are the portion of a check deposit that remains unavailable to customers until the deposit is verified and clears the banking system.
( 23
min )
Shares of Chinese EV makers are falling after European Union (EU) regulators launched a probe targeting state subsidies for Chinese EV makers like Nio, BYD, and XPeng, in a bid to protect domestic automakers.
( 18
min )
Roll's critique is an economic idea that suggests that it is impossible to create or observe a truly diversified market portfolio.
( 18
min )
Berkshire Hathaway is one of the most coveted companies and stocks in the world, thanks to the investing prowess of Warren Buffett.
( 26
min )
A debtor nation has negative net investment after recording all of the financial transactions it has completed worldwide.
( 20
min )
Binance.US CEO Brian Shroder has left the crypto exchange and the platform cuts 100 positions amidst increasing regulatory scrutiny.
( 17
min )
An economy of scale is a microeconomic term that refers to factors that drive production costs down while increasing the volume of output. Find out the difference between internal economies of scale and external economies of scale.
( 23
min )
Amazon said it plans to boost pay and benefits for contract drivers with a $450 million investment this year into its delivery service partners program.
( 17
min )
Find out about the benefits, features, and interest charges of the Goodyear Credit Card. Learn which customers benefit most and who the competition is.
( 24
min )
If you have life insurance, there are a couple of ways it potentially can help you buy a house. Find out how they compare.
( 24
min )
Money market accounts are different from money market funds, but they share some similarities. Learn more about how the two kinds of accounts compare.
( 25
min )
The American Accounting Association (AAA) is an organization that supports worldwide excellence in accounting education, research, and practice.
( 19
min )
Currency substitution is when a country uses a foreign currency in lieu of, or in addition to, its currency, mainly due to the former's stability.
( 20
min )
Euro LIBOR is the London Interbank Offered Rate denominated in euros, which banks offer each other for large, short-term loans.
( 20
min )
Discover why economic profits are theoretically impossible in a perfectly competitive market and why some economists use perfect competition models.
( 21
min )
Personal loan rates continued their decline this week, falling to 20.94%, losing just 2 basis points since last week when the average personal loan rate sat at 20.96%.
( 19
min )
Term Auction Facility was a monetary policy program designed to increase liquidity in U.S. credit markets.
( 20
min )
The annual rate of consumer inflation in the U.S. is expected to rise for the second straight month, and ADRs of Chinese electric vehicle makers fell after the European Union opened an investigation into price subsidies. Here’s what investors need to know today.
( 18
min )
There are two ways to calculate a nation's gross domestic product (GDP): By adding up all of the money spent or all of the money earned.
( 22
min )
Learn more about interest on interest, or compound interest, including what it is, why it matters, and how to calculate compound interest accrued.
( 22
min )
The Financial Crisis of 2008-09 rattled the global economy and investors.
( 27
min )
Crude oil prices surged to 10-month highs after OPEC and the EIA indicated surging demand could keep prices elevated, but analysts suggest they may not have much room to rise further.
( 18
min )
With the third quarter winding down, and the final quarter of the year almost upon us, it’s time to take stock of stock markets. Where are we likely to go in the next few months, and what are the likely forces to impact trading? In some recent comments on CNBC, Citi strategist Scott Chronert lays out his own belief that we’re likely to see some further gains. Chronert first points out that fears of a hard recession have faded, or as he puts it, “We’ve been pricing in a soft landing since the fir
( 36
min )
Caesars is second major casino operator hit by hackers in recent weeks.
( 28
min )
The Direxion Daily NVDA Bull 1.5x Shares ETF seeks to deliver 1.5 times the price return of daily moves in Nvidia’s shares, which have more than tripled year-to-date. Meanwhile, the Direxion Daily NVDD Bear 1x Shares ETF allows bearish investors to profit when Nvidia’s shares decline.
( 32
min )
Goldman Sachs has fired several executives in its transaction banking business following violation of the firm's communications policy, according to a memo seen by Reuters on Wednesday. The company did not name the individuals. "We are not going to comment on individual disciplinary matters," a spokesperson said.
( 30
min )
Mullen Automotive Inc. said it spent $3.5 million to purchase battery pack production assets from Romeo Power.
( 14
min )
As usual, the media and politicians are blaming the possibility of an auto strike on the auto workers union, but company managements are the guilty parties.
( 37
min )
(Bloomberg) -- Caesars Entertainment Inc. paid tens of millions of dollars to hackers who broke into the company’s systems in recent weeks and threatened to release the company’s data, according to two people familiar with the matter. Most Read from BloombergChina Sows Fresh Confusion About Apple With Security RemarksCiti Plans Job Cuts as It Revamps Top Management StructureLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticiPhone Pro’s Titanium Finish Stands Out in First Look at De
( 32
min )
“We continue to invest in top engineering and technical talent while also meaningfully slowing the pace of our overall hiring,” a Google spokesperson said.
( 19
min )
Truist's planned $750 million in costs cuts have put it on the right path to achieve greater efficiency, but that isn't the bank's top concern, one analyst told CBJ.
( 21
min )
The drug is likely to get pulled, but the financial impact for the makers of Tylenol, Sudafed, and Advil won’t be substantial.
( 23
min )
Real estate stands as a cornerstone of wealth generation, and as 19th-century British philosopher and economist John Stuart Mill once, said, "Landlords grow rich in their sleep." Landlords don't merely collect rental income; they also reap the rewards of property value appreciation. While it's nice to collect monthly rental income from an investment property, being a landlord does come with hassles. Don’t miss: Investing in real estate just got a whole lot simpler. With as little as $100, averag
( 33
min )
Fifth Third Bancorp has increased its dividend, marking the eighth consecutive year it has boosted the amount it pays back to shareholders.
( 19
min )
China is driving global debt back towards unsustainable levels amid an “unparalleled” borrowing binge by property developers and local governments, according to the International Monetary Fund.
( 56
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Airbnb Inc. is in the spotlight. On Sept. 5, New York City implemented what Airbnb calls a "de facto ban" on the short-term rental platform. The number of short-term listings on Airbnb in New York City, one of the platform's top markets, has seen a significant decline. And according to "Rich Dad Poor Dad" author Robert Kiyosaki, a major shift in the real estate landscape is on the horizon. "Airbnb to lead real estate market crash," he said in a recent post on X, formerly Twitter. While a crash i
( 33
min )
(Bloomberg) -- Wall Street bankers are dangling one of the steepest discounts in recent memory to bond investors as they look to offload billions of dollars of debt that’s been stuck on their books for months.Most Read from BloombergChina Sows Fresh Confusion About Apple With Security RemarksCiti Plans Job Cuts as It Revamps Top Management StructureLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticiPhone Pro’s Titanium Finish Stands Out in First Look at DeviceWall Street Yawns at ‘
( 33
min )
Falling oil inventories put America's energy security at risk, potentially making the country more vulnerable to supply disruptions and price volatility in the global market.
( 33
min )
Generating enough income in retirement to meet your spending needs is crucial. While Social Security provides inflation-protected retirement income, it's simply not enough for many retirees. If you need help planning for retirement, consider working with a financial advisor. John Rekenthaler, … Continue reading → The post Treasury Bonds vs. TIPS Ladders vs. Annuities: Which Strategy Is Best For Retirement Income? appeared first on SmartAsset Blog.
( 33
min )
When you leave a job where you had a 401(k) it's important to understand what your options are for rolling over your tax-advantaged plan. Cashing out is another option but can result in significant taxes. Many choose to roll their … Continue reading → The post How to Roll Over Your 401(k) Into An Annuity appeared first on SmartAsset Blog.
( 38
min )
There’s no doubt that the post-pandemic macro landscape has been treacherous to navigate on many levels. From the global supply disruptions that followed the reopening to the soaring inflation and Russia’s invasion of Ukraine, nothing has remained static, and uncertainty has been the only constant. This new paradigm is acknowledged by Alex Brazier, the Deputy Head at BlackRock Investment Institute. “We‘re in an unprecedented macro environment that is driving constant shifts in the market narrati
( 35
min )
The Social Security cost of living adjustment forecast rose with inflation in August, but seniors are still struggling from two years of inflation.
( 34
min )
NewStreet Research sets a Buy rating and $59 target price on shares of chip-design house Arm, which is set for an initial public offering on Thursday.
( 23
min )
Just over half of hiring managers say removing four-year degree requirements would positively impact their company's hiring practices, according to a OneTen report.
( 35
min )
(Bloomberg) -- Hotter-than-expected inflation likely ensures the Federal Reserve keeps its options open to raise interest rates again in November or December following an expected pause this month.Most Read from BloombergChina Flags ‘Security Incidents’ With iPhones as Bans ExpandLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticiPhone Pro’s Titanium Finish Stands Out in First Look at DeviceApple’s iPhone 15 Debut Includes Higher Price on Top ModelAT&T, T-Mobile Offer Free iPhone 1
( 32
min )
Volkswagen is looking at reducing staff at its plant in the eastern German city of Zwickau due to low demand for electric cars, the dpa news agency reported on Wednesday. Volkswagen was not immediately available for comment. The German carmaker would thin down staff by allowing fixed-term contracts to expire, which could affect a few hundred employees at the end of October, according to dpa information.
( 32
min )
Apple’s long-awaited iPhone 15 launch leaves investors disappointed, and Wall Street isn't too enthused, either.
( 22
min )
There are opportunities for investors in China's internet stocks, life insurers, sportswear makers and the supply chain for solar energy.
( 22
min )
Citigroup CEO Jane Fraser announced a major management reorganization that will give her more direct oversight over its businesses as she seeks to simplify the bank. The heads of the bank's five businesses will now report directly to Fraser. They include: Shahmir Khaliq, who runs services, Andrew Morton in markets, Peter Babej for investment and corporate banking, Gonzalo Luchetti in U.S. consumer banking, in Andy Sieg in wealth when he joins the company later this month.
( 32
min )
The economic macro now favors shares of Ford Motor and General Motors over Tesla, writes UBS analyst Joseph Spak.
( 23
min )
Moderna expects to launch up to 15 new products over the next five years 'addressing high unmet needs.'
( 23
min )
Apple stock edges lower following the launch of its new iPhone 15 lineup, Ford and GM shares are upgraded just as a United Auto Workers strike looms, NIO drops as the European Union launches an anti-subsidy investigation into Chinese electric-vehicle makers, and Moderna releases positive results from a late-stage trial of its mRNA flu vaccine.
( 23
min )
Brussels has launched a probe into Chinese state subsidies for electric vehicle makers, as it vowed to protect Europe’s car industry from a “race to the bottom”.
( 32
min )
(Bloomberg) -- Three months after its July 2022 debut on the Nasdaq, FaZe Holdings Inc. threw an exclusive party at a San Diego nightclub, hiring the rapper Travis Scott to promote its stable of video-game stars and YouTube personalities.Most Read from BloombergLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticiPhone Pro’s Titanium Finish Stands Out in First Look at DeviceApple’s iPhone 15 Debut Includes Higher Price on Top ModelAT&T, T-Mobile Offer Free iPhone 15 in Lure for New S
( 40
min )
Loan assumptions, which let a home buyer essentially take over a seller’s mortgage, are hard to find and hard to pull off.
( 27
min )
Apple’s long-awaited iPhone 15 launch leaves investors disappointed, and Wall Street isn't too enthused either.
( 22
min )
(Bloomberg) -- Novo Nordisk A/S shares rose slightly on Wednesday in the first trading session following a two-for-one split aimed at increasing the liquidity of the Danish drugmaker’s soaring stock.Most Read from BloombergLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticiPhone Pro’s Titanium Finish Stands Out in First Look at DeviceApple’s iPhone 15 Debut Includes Higher Price on Top ModelAT&T, T-Mobile Offer Free iPhone 15 in Lure for New SubscribersBP CEO Looney Quits Over Past
( 33
min )
The equity option is worth more to VMware investors in the $75 billion merger due to close on Oct. 30
( 22
min )
The August CPI release is the final key report before the Federal Reserve's policy-making committee considers interest-rate increases.
( 22
min )
The supplier's CEO says the company has "exhausted" many of the mechanisms it has used to address wage and labor challenges.
( 21
min )
There are opportunities for investors in China's internet stocks, life insurers, sportswear makers and the supply chain for solar energy.
( 22
min )
"Constructive credit markets entering September support the case for the bullish seasonality scenarios that we have highlighted," BofA said.
( 32
min )
West Texas Intermediate crude prices climbed 2% to $89.05 a barrel after the OPEC data came out.
( 32
min )
Als het kabinet ongelijkheid tussen mannen en vrouwen met jonge kinderen op de arbeidsmarkt wil aanpakken, moet er gekeken worden naar de kwaliteit en beschikbaarheid van kinderopvang. En willen we écht meer gelijkheid, dan moet verder gekeken worden dan alleen de kinderopvang.
( 4
min )
Nederlanders gingen er vorig jaar gemiddeld 1,2 procent in koopkracht op achteruit. Dat was de grootste daling in veertig jaar, blijkt uit cijfers van statistiekbureau CBS.
( 4
min )
Ruim zes miljoen mensen reisden vorige maand van, naar of via Schiphol. Dat is een stijging van 14 procent ten opzichte van augustus vorig jaar (5,3 miljoen). De meeste passagiers gingen naar Spanje, het Verenigd Koninkrijk, Griekenland, Italië of Turkije.
( 3
min )
De Rijksdienst Digitale Infrastructuur onderzoekt of de iPhone 12 te veel straling uitzendt. Als dat het geval is, kan de verkoop van het toestel ook in Nederland worden stilgelegd. In Frankrijk geldt al een tijdelijk verkoopverbod voor de iPhone 12.
( 5
min )
WhatsApp-gebruikers kunnen voortaan updates van bekende personen of organisaties ontvangen door hun WhatsApp-kanalen te volgen. Het is geen groepsgesprek: volgers kunnen de berichten alleen lezen.
( 4
min )
Big Bazar krijgt van de rechter niet meer tijd om afspraken te maken met schuldeisers. De rechtbank in Leeuwarden heeft voor de tweede keer geweigerd om een afkoelingsperiode in te stellen.
( 4
min )
VDL Nedcar hoeft in november minder personeel te ontslaan dan verwacht. Eerder kondigde de autoproducent aan dat achttienhonderd medewerkers hun baan zouden kwijtraken.
( 3
min )
De Europese Unie start een onderzoek naar subsidies die China geeft aan autofabrikanten om elektrische modellen goedkoop in Europa te kunnen verkopen. Brussel vindt dat sprake is van oneerlijke concurrentie en sluit strafmaatregelen niet uit.
( 4
min )
Werknemers in de energiebranche krijgen een loonsverhoging van 10 procent. Werkgeversvereniging WENB en vakbond FNV zijn het eens over een nieuwe cao voor werknemers van energieproducenten en -leveranciers. Hieronder vallen ook Eneco, Essent en Vattenfall.
( 3
min )
De Nederlandse Arbeidsinspectie eist dat de korpsleiding de problemen met het C2000-communicatienetwerk voor 8 juni 2024 oplost. Door storingen en andere problemen kunnen agenten op straat niet op het netwerk vertrouwen. Daardoor kunnen ze niet altijd veilig hun werk doen.
( 5
min )
Autobezitters die hun wagen naar de garage moeten brengen, moeten enkele weken tot maanden op een reparatie of onderhoud wachten. De automonteurs hebben het momenteel ongekend druk.
( 3
min )
De economie van het Verenigd Koninkrijk is in juli met 0,5 procent geslonken. Dit komt vooral door stakingen in de zorg en het onderwijs en doordat de bouw last heeft gehad van veel regenval.
( 3
min )
De Nederlandse Arbeidsinspectie eist dat de korpsleiding de problemen met het C2000-communicatienetwerk voor juni 2024 oplost. Door storingen en andere problemen kunnen agenten op straat niet op het netwerk vertrouwen. Daardoor kunnen ze niet altijd veilig hun werk doen.
( 5
min )
De Franse toezichthouder op radiofrequenties heeft de verkoop van de iPhone 12 in het land stopgezet. De iPhone 12 stoot een hogere elektromagnetische straling uit dan in Europa is toegestaan.
( 3
min )
Bernard Looney is dinsdag opgestapt als topman van de Britse energiereus BP. Looney ligt onder vuur, omdat hij informatie heeft achtergehouden over relaties met collega's.
( 3
min )
De Duitse energieproducent NOTUS energy is van plan windmolens te bouwen in Tsjernobyl. De molens moeten verrijzen op de plek waar in april 1986 de grote kernramp plaatsvond. Daarover heeft het bedrijf een akkoord bereikt met het Oekraïense staatsenergiebedrijf Ukrenergo.
( 3
min )
Ritprijzen in de metro, tram en bus gaan volgend jaar waarschijnlijk met 11,7 procent omhoog. De vervoerders hebben te maken met hogere kosten, onder meer voor personeel en energie, en verhogen hun prijzen daarom flink.
( 4
min )
Simply investing in the S&P 500 rather than following Michael Burry's bearish tweets would've delivered investors an average six-month annualized gain of 34%, Charlie Bilello said.
( 32
min )
Tech stocks have been leading the market this year; that’s no secret. The tech-heavy NASDAQ index, even after recent losses, has a year-to-date gain of ~32%, and the S&P 500, which includes a large tech segment, is up 16%. Those broad numbers cover up some important drill-downs. It’s the giant tech firms that are leading the way, and among them, AI has played a conspicuous part in the gains. The technology came to sudden prominence last November, when OpenAI released its ChatGPT AI-powered chatb
( 35
min )
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Today's best CD rate is 5.75%, from five banks and credit unions, while the top jumbo CD rates are 5.85% from One America Bank and 5.80% from Finworth and All In Credit Union.
( 20
min )
Wells Fargo CFO Mike Santomassimo said running an efficient bank shouldn't be a one-time cost-cutting program.
( 21
min )
(Bloomberg) -- Sorrento Therapeutics Inc., which filed for bankruptcy in February after suffering shortseller attacks for prematurely saying it had developed a cure for Covid-19, received court approval to sell a major stake in its publicly traded subsidiary.Most Read from BloombergApple iPhone 15 Event Will Tout Enhanced Camera, Titanium FinishApple’s iPhone 15 Debut Includes Higher Price on Top ModelThe Mighty American Consumer Is About to Hit a Wall, Investors SayBP CEO Looney Quits Over Past
( 32
min )
A disagreement over accounting for intangible property acquired as part of a $2.2 billion deal buying one of its major brands comes back after 12 years.
( 21
min )
"I think the regulators would allow us to do something right now."
( 20
min )
Countries have been vying toward clean energy, with most developed nations planning to achieve carbon neutrality by 2050. Several startups have achieved success thanks to their green energy initiatives, including the blockbuster electric vehicle maker Tesla, Inc. (NASDAQ:TSLA). Companies are now focusing on producing clean energy through nuclear fusion, which is often considered the epitome of green power, as it can produce nearly unlimited energy without any harmful byproducts. As of 2022, inve
( 34
min )
At the Future Proof conference in Huntington Beach, Calif., the former Pimco titan said he has 40% of his investments in MLPs, while DoubleLine's founder offered up commercial mortgage-backed securities and other fixed-income options.
( 22
min )
VinFast filed a registration statement with the SEC on Tuesday. About 11 million shares of the EV maker will soon be available to trade.
( 23
min )
McDonald's is getting rid of self-served soda. The Chicago-based fast food chain plans to eliminate self-service soda machines at its U.S. restaurants by 2032, McDonald's confirmed this week. In an email to The Associated Press Tuesday, McDonald's USA said the goal of the change is to create consistency for customers and crew members across the chain's offerings — from in-person dining to online delivery and drive-thru options.
( 33
min )
(Bloomberg) -- BP Plc Chief Executive Officer Bernard Looney will be resigning, the Financial Times reported, citing two people it didn’t name.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayApple iPhone 15 Event Will Tout Enhanced Camera, Titanium FinishApple to Sell Made-in-India iPhones on Launch Day for First TimeGuyana Is World’s Most Booming Economy — And Is Set to Grow
( 32
min )
DVN's 80-day moving average could provide tailwinds
( 31
min )
The timeless adage "buy low, sell high" has attracted countless people to the stock market. But as many discover the hard way, the strategy is easier said than done. Stocks don't always go up. Even though the S&P 500 is up 17% in 2023, it's still down compared to where it was at the end of 2021. The good news? You don't have to actively trade stocks to make money. You can also collect dividends. With the right dividend stocks, investors can bypass the stress and uncertainty associated with attem
( 33
min )
"We don’t have any intention of booking an international flight when the playground in the U.S. is immense.”
( 20
min )
BP's Chief Executive Officer Bernard Looney is to resign, the Financial Times reported on Tuesday citing two people with knowledge of the matter. Looney took over the role in 2020, replacing Bob Dudley, who retired in the same year. BP declined to comment.
( 30
min )
Shares of the auto parts distributor are on pace for their lowest close since October 2011.
( 22
min )
The great-great-granddaughter and great-great-grandson of founder Henry Ford would be taking on leadership roles at the 120-old automaker. Elena Ford, who had been serving as chief customer experience officer, becomes the company's chief dealer engagement officer. Will Ford III was named general manager of Ford Performance.
( 32
min )
The middle class has long been considered the backbone of the American economy. But the American middle class is shrinking. The percentage of adults living in middle-income households in the United States fell by more than 10 percentage points over … Continue reading → The post What It Takes to Be Middle Class in America's Largest Cities – 2023 Study appeared first on SmartAsset Blog.
( 34
min )
Wall Street is punishing Oracle after quarterly results but some suggest investors are missing key details on future growth tied to AI and cloud demand.
( 32
min )
Higher interest rates are intended to curb inflation and stabilize the economy. But this monetary tightening has come with unintended consequences, particularly for the backbone of the U.S. economy: small businesses. According to "Shark Tank" star Kevin O'Leary, small businesses are having a hard time getting financing. "The regional [banks] don't know yet what their capital requirements are going to be. So, their loan books have closed like a turtle in a shell," O'Leary told Fox Business's Larr
( 34
min )
Top brass at the aerospace giants are seemingly given special treatment when it comes to any return-to-office policy.
( 34
min )
Wells Fargo could see its headcount decline further as it aims to improve efficiency, Chief Financial Officer Mike Santomassimo said on Tuesday. It has already reduced its employee base by nearly 40,000 and cuts are likely to continue, Santomassimo said. The bank has trimmed its mortgage business, which has also seen some layoffs.
( 32
min )
It’s been a good year so far for Cathie Wood. Representing a meaningful turnaround after what can be described as a two-year post-pandemic comedown, her flagship ARKK Innovation fund (ARKK) is up by 46% year-to-date, putting the main indexes’ performances in the shade. That said, given Wood’s penchant for the risky and outré, not all the stocks that make up the various funds under the Ark Invest banner are doing well right now. Some have underperformed recently and look a bit rough around the ed
( 35
min )
CVS upgraded, RTX downgraded: Wall Street's top analyst calls
( 34
min )
The stock has already lost more than 8% in September, retreating from an all-time high, and is poised to notch its longest down stretch in 2023.
( 23
min )
Barron's looked for the most popular stocks in the S&P 500 based on analyst ratings that also have rising 2024 earnings estimates.
( 31
min )
The U.S. government on Wednesday morning will release its latest official inflation data.
( 32
min )
The wage increase bid/ask spread between the union and auto makers seems to be narrowing. That's good news for investors.
( 22
min )
An audacious call from Brazil President Luiz Inacio Lula da Silva for the BRICS nations to establish a shared currency has been met with skepticism. Addressing a packed audience during the 2023 BRICS Summit in Johannesburg, South Africa, Silva argued that a common currency would insulate these nations — Brazil, Russia, India, China and South Africa — from the tumultuous waves of dollar exchange rate shifts. But the idealistic vision is riddled with logistical conundrums, stemming from the profou
( 32
min )
Three analysts cut their rating on the shares to Hold from Buy in the aftermath of its disclosure about issues with the company's geared turbofan aircraft engines.
( 22
min )
The company's shares were tanking after its results disappointed. But analysts at Global Equities Research see an opportunity.
( 22
min )
Magellan Midstream Partners has pressed its case for the $19 billion deal, citing strategic benefit and downplaying tax issues ahead of next week's vote.
( 23
min )
TSMC, the world's largest contract chipmaker, said it would invest up to $100 million in Arm Holdings Plc's initial public share offering (IPO), it said on Tuesday. The company also agreed to purchase 10% equity interest in IMS Nanofabrication Global, LLC from Intel Corp for up to $432.8 million, the statement said.
( 30
min )
(Bloomberg) -- Global oil markets face a supply shortfall of more than 3 million barrels a day next quarter — potentially the biggest deficit in more than a decade — as Saudi Arabia extends its production cuts.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayTesla and China Risk Leaving Volkswagen on a Road to NowhereTech Giants Power Stock Gains as Tesla Jumps 10%: Markets Wr
( 33
min )
Stock market technology for the average investor has come a long way since the days when brokers handled everything and doing research was restricted to scrolling through long columns of tiny font in one of the larger financial newspapers. Today there are internet screeners that can provide investors with crucial information to help guide purchase or sale decisions in a matter of minutes. Investors who are seeking steady and reliable income often find it difficult to pinpoint stocks that pay a h
( 34
min )
Wealthy families loaded up on bonds and private equity investments in the first half of the year while slashing their stock exposure, according to a survey by Citigroup's private bank. More than half of the 268 family offices polled, accounting for a combined net worth of $565 billion, increased their allocations in fixed income, while 38% boosted their private equity holdings. The shifts were the largest since Citigroup began the study in 2020.
( 31
min )
Shares of MTU Aero fell 4.5%, a day after it said it was expecting a hit of around €1 billion this year as Pratt & Whitney parent RTX said it would recall hundreds of jet engines.
( 26
min )
The IRS recently announced a major tax enforcement initiative that will increase scrutiny on high-income earners, partnerships and people with foreign bank accounts. The agency said the effort would “restore fairness to [the] tax system” by focusing on wealthy taxpayers who have seen sharp declines in audit rates over the past decade. A financial advisor […] The post The IRS Is Cracking Down on These High-Income Earners. Are You One of Them? appeared first on SmartReads by SmartAsset.
( 33
min )
Three analysts cut their rating on the shares to Hold from Buy in the aftermath of its disclosure about issues with the company's geared turbofan aircraft engines.
( 22
min )
Managers who give with one hand and take with the other risk sending their workers off on their own.
( 33
min )
(Bloomberg) -- A seemingly insatiable demand for cash is rippling through markets.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayTesla and China Risk Leaving Volkswagen on a Road to NowhereTech Giants Power Stock Gains as Tesla Jumps 10%: Markets WrapMeloni Tells China That Italy Plans to Exit Belt and RoadEveryone — from moms and pops to corporate treasurers and the mega as
( 36
min )
The company was on track to lose about $30 billion in market value, based on its premarket share price of $115. The stock has risen 55% this year on optimism the rise of generative AI would drive up cloud demand. Lower-than-expected revenue for the first quarter and a below-estimate forecast for the second, however, signaled the boost from AI would take longer to materialize.
( 32
min )
Oracle's revenue outlook disappoints, Apple kicks off its annual fall launch event, Tesla falls a day after surging 10%, and WestRock signs an agreement to merge with Dublin-based Smurfit Kappa.
( 23
min )
The UAW is pressing for more work-life balance during contract talks; the automakers want better attendance.
( 27
min )
Shares of Oracle (ORCL) slid in premarket trading after the software giant reported quarterly sales that underwhelmed investors.
Revenue rose 9% to $12.45 billion, in line with analyst estimates. Cloud revenue continued to drive the growth, rising
( 21
min )
(Bloomberg) -- Oil edged up, trading near the highest level this year before reports that may offer further insight into the demand and supply outlook.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayTesla and China Risk Leaving Volkswagen on a Road to NowhereTech Giants Power Stock Gains as Tesla Jumps 10%: Markets WrapMeloni Tells China That Italy Plans to Exit Belt and Road
( 32
min )
(Bloomberg) -- Smurfit Kappa Group Plc agreed to acquire WestRock Co. in an $11.2 billion deal that creates a packaging industry powerhouse domiciled in Ireland.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayTesla and China Risk Leaving Volkswagen on a Road to NowhereTech Giants Power Stock Gains as Tesla Jumps 10%: Markets WrapArm’s IPO Orders Are Already Oversubscribed by
( 33
min )
The company's shares were tanking after its results disappointed. But analysts at Global Equities Research see an opportunity.
( 22
min )
Smurfit Kappa and WestRock said they reached a tie-up agreement. Tony Smurfit will be CEO of the combined company.
( 26
min )
Smurfit Kappa and WestRock have agreed to combine, the companies said on Tuesday, to create one of the world's largest paper and packaging producers worth nearly $20 billion. The companies' combined adjusted revenue was about $34 billion for the year ended June 30, which would make the new company, called Smurfit WestRock, the largest listed global packaging partner by revenue, the statement said. WestRock stockholders will get one new Smurfit WestRock share and $5 in cash for each share they hold, which works out to $43.51 per share, the statement said.
( 32
min )
Here is your Pro Recap of the biggest analyst picks you may have missed since Friday: upgrades at CVS Health, Brown Forman, Geron, and a buy initiation for Block. Wolfe Research upped CVS Health (NYSE: NYSE:CVS) to Outperform from Peerperform with a price target of $80.00, prompting the shares to shoot higher after word of the upgrade hit the wires intraday Monday.
( 33
min )
(Bloomberg) -- Australia’s richest woman has amassed a stake in lithium producer Albemarle Corp.’s A$6.6 billion ($4.3 billion) takeover target Liontown Resources Ltd., and suggested she may push for a board seat.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayTesla and China Risk Leaving Volkswagen on a Road to NowhereTech Giants Power Stock Gains as Tesla Jumps 10%: Markets
( 32
min )
The family holding company agreed to partial debt paydowns and higher interest rates.
( 26
min )
Bitcoin fell on Tuesday morning in Asia to hover above US$25,000 after briefly losing the key support level. Ether also slid to lose control of US$1,600.
( 32
min )
Learn how exchange traded funds can provide many of the benefits of a mutual fund with the flexibility of stock, and often a lower cost.
( 25
min )
Amazon is expanding its ecosystem of services with an end-to-end supply chain service for third-party sellers called "Supply Chain."
( 17
min )
Today's best CD rate is 5.75%, from five banks and credit unions, while the top jumbo CD rates are 5.85% from One America Bank and 5.80% from Finworth and All In Credit Union.
( 18
min )
Apple (AAPL) today held its 2023 Annual Fall Event, dubbed "Wonderlust," introducing the latest groundbreaking iPhone and Apple Watch models, including the world's first iPhones made in India.
( 18
min )
It's easy to earn 5% or more on your savings—but not with any of the big-name banks. Instead, these smaller banks are just as safe but pay 500 times more interest.
( 19
min )
US equities fell on Sept. 12, 2023, with the S&P 500 Index dropping 0.6% after oil futures rose to a 10-month high.
( 16
min )
The median asking rent in August was $2,052, only $2 short of the all-time high, according to Redfin.
( 17
min )
BMW Group, Ford Motor Company, and American Honda Motor Company are teaming up to form a new company called ChargeScape that will help connect utilities, automakers, and electric vehicle owners.
( 17
min )
Walgreens Boots Alliance is teaming with health technology firm Pearl Health to expand its reach into providing primary care services.
( 17
min )
Nearly 5.5 million children were lifted out of poverty in the three years ending 2021, thanks mainly to the unprecedented cash support to households during the pandemic—and nearly that many fell into poverty in 2022 when that support expired.
( 20
min )
Taiwan Semiconductor's board has approved an investment of up to $100 million in the hit IPO of U.K.-based chipmaker Arm.
( 17
min )
A bipartisan bill introduced Tuesday would eliminate a rule that cuts people off from federal disability benefits if they save more than $2,000.
( 17
min )
Learn about the different implications of marginal benefit and marginal utility in economics.
( 24
min )
American Express is more than just a popular credit card issuer; it offers competitive savings account rates, too. Learn more about saving money with Amex.
( 21
min )
Almost half of CFOs Deloitte surveyed say their organizations are experimenting with uses of generative artificial intelligence, with a rising share suggesting now is a good time to take greater risks.
( 17
min )
Learn about differences between stock and mutual insurers, the potential for a company's financial well-being, and which is best for you as a policyholder.
( 22
min )
Just because you're in love doesn't mean that filing a joint return is always best for you. Here's when married couples should file taxes separately.
( 24
min )
A group universal life policy is universal life insurance offered to a group that is less expensive than what is typically offered to an individual.
( 21
min )
Disaffirmance is the right by one party to renounce a contract and void any legal obligations resulting from that agreement.
( 19
min )
Warren Buffett's fundamental approach to investing explains his no-split policy on Berkshire Hathaway stock.
( 23
min )
Microsoft is offering the first credit card aimed at helping Xbox gamers earn rewards they can use toward games and other downloads.
( 17
min )
The terms bull and bear are used to describe general actions and attitudes, or sentiments, either of an individual or the market. But how were they named?
( 22
min )
About 23% of small business owners surveyed said inflation is their top problem while many are struggling to fill vacancies with qualified workers.
( 17
min )
IBFs allow depository institutions in the U.S. to offer deposit and loan services to foreign residents and institutions.
( 19
min )
Demand for pizzas helped drive sales at Casey's General Stores and its shares hit a record high Tuesday. Profit was up 11% from the year-ago quarter and a third higher than analysts' estimates.
( 17
min )
Financial services giant Franklin Templeton filed for a spot bitcoin ETF with the SEC on Tuesday, joining BlackRock and Fidelity.
( 19
min )
Exchange-traded funds have a number of characteristics that make them attractive to young investors, from liquidity to low fees.
( 22
min )
A clearance certificate verifies that an entity has paid all its tax liabilities when it ceased to exist or was transferred to a new owner.
( 19
min )
Debt/EBITDA is a ratio measuring the amount of earnings that is available to pay down debt before deducting interest, taxes, depreciation, and amortization.
( 21
min )
More U.S. workers than ever have college degrees—but the tide could be turning against higher education in the workplace.
( 18
min )
The S&P 500 and Nasdaq both dropped at midday on Tuesday, Sept. 12, 2023, as oil prices rose to their highest level this year.
( 16
min )
The Surface Transportation Board (STB) is a federal agency that regulates financial aspects of surface transportation, primarily freight rail.
( 23
min )
The White House now has 15 companies committed to its AI standards, which include disclosure of AI-generated content, sharing vulnerabilities, and committing to external testing before releasing products.
( 18
min )
Oracle was the worst-performing stock in the S&P 500 after the software maker reported lower-than-expected revenue and guidance as businesses pulled back on cloud spending following the pandemic boom.
( 17
min )
GlobalFoundries opened a $4 billion fabrication plant in Singapore to expand capacity in anticipation of a rise in demand for semiconductor chips.
( 17
min )
If you spent more at the gas pump—and less everywhere else—in August, you’re not alone.
( 17
min )
The basic assumption of the law of demand concludes that there is a negative correlation between the quantity demanded and price.
( 19
min )
Reliance on income taxes versus consumption taxes is one big difference between U.S. revenue sources and those of other countries. Learn the options.
( 22
min )
Magna cum laude is an honorific for a degree earned with great distinction. It means “with great praise” in Latin, and there’s no set grade point average (GPA) to get it.
( 25
min )
Concerns about China's economic growth led to a massive shift into U.S. equities and away from emerging market stocks over the past month, according to Bank of America's latest survey of global fund managers.
( 17
min )
Here are some of the biggest product liability suits that U.S. corporations have faced due to defective or dangerous products that they sold to consumers.
( 22
min )
Understand the two different methods of calculating the expense ratio and find out how it can be used to compare insurance companies and analyze performance.
( 20
min )
Floating stock is the result of subtracting closely-held shares from total shares outstanding to provide a narrower view of a company’s active shares.
( 25
min )
Credit unions and banks offer similar services, but they have some key differences in their profit models and offerings. Learn how to determine which is best for you.
( 26
min )
Accelerated benefit riders allow policyholders to access death benefits in their life insurance policy while they are alive, under certain conditions.
( 24
min )
Almost half of security chiefs plan to significantly raise security spending in the next year after companies lost $1 trillion in revenue due to related incidents in 2022.
( 18
min )
A dove is an economic policy advisor who favors strategies that maintain low interest rates and other expansionary policies.
( 24
min )
Learn how unpaid internships affect student interns, employers, the labor force, and the economy as a whole.
( 26
min )
The Americans with Disabilities Act prohibits discrimination against disabled people with respect to employment, transportation, and other services.
( 23
min )
Bank of America offers many personal financial products, including savings accounts. See if Bank of America’s rates are attractive enough for your deposit.
( 23
min )
Barclays offers a competitive APY on its single savings account, which is light on restrictions and fees. Learn more about Barclays Online Savings Account to see if it’s right for you.
( 21
min )
Chase Bank offers two savings accounts to its customers with below-average interest rates, but the bank has other financial services worth considering.
( 21
min )
Citi offers CDs, checking accounts, bank IRAs, and savings accounts. Learn more about its savings account rates, features, and account requirements.
( 26
min )
The People's Bank of China is the central bank of the People's Republic of China and is located in Beijing.
( 21
min )
Here are some of the world’s top news companies, arranged in the decreasing order of the available market capitalization figures.
( 24
min )
The global interconnection of U.S. payment systems makes commercial and financial transfers possible.
( 26
min )
Relative purchasing power parity (RPPP) is the view that inflation differences between two countries will have an equal impact on their exchange rate.
( 22
min )
Over-under bets, or total bets, are a wager that the point total for a game will be larger or smaller than a sportsbook predicts. Learn more about this type of gambling.
( 25
min )
Check U.S. Bank’s current savings account interest rates, and see how they compare to the top accounts in the market today.
( 21
min )
USAA offers a few different savings accounts, but the rates are relatively low. Compare USAA to top competitors and find the best savings account for your needs.
( 20
min )
Het percentage internationale studenten dat in Nederland blijft werken nadat ze hun diploma hebben gehaald neemt toe. Vooral de technische studierichtingen leveren werkgelegenheid op, blijkt uit cijfers van statistiekbureau CBS.
( 4
min )
Betaal nooit als je wordt afgeperst door cybercriminelen, luidt het advies vaak. Daarmee maak je de misdaad lonend en blijft het probleem bestaan. Toch heeft de KNVB na een digitale inbraak afspraken gemaakt met Russische hackers. Is dat wel verstandig?
( 4
min )
De iPhone 15 is niet meer op te laden met de Lightning-kabel van eerdere iPhones. Op de nieuwe telefoon gaat dat via USB-C. Dat kondigde Apple dinsdagavond aan tijdens de presentatie van nieuwe iPhones voor komend jaar.
( 5
min )
Betaal nooit als je wordt afgeperst door cybercriminelen, luidt het advies vaak. Daarmee maak je de misdaad lonend en blijft het probleem bestaan. Toch heeft de KNVB na een digitale inbraak afspraken gemaakt met Russische hackers. Is dat wel verstandig?
( 4
min )
Betaal nooit als je wordt afgeperst door cybercriminelen, luidt het advies vaak. Daarmee maak je de misdaad lonend en blijft het probleem bestaan. Toch heeft de KNVB na een digitale inbraak afspraken gemaakt met Russische hackers. Is dat wel slim?
( 4
min )
Een beveiligingsexpert heeft dit jaar een kwetsbaarheid gevonden in de software die in Nederland wordt gebruikt om stemmen te tellen. Daardoor was het in principe mogelijk om uitslagen te manipuleren, al is er geen bewijs dat dat is gebeurd.
( 4
min )
Italië dreigt zijn positie als 's werelds grootste wijnproducent te verliezen. Dat komt door de dalende wijnproductie. Waarschijnlijk verovert Frankrijk voor het eerst in negen jaar de eerste plek.
( 3
min )
Al zestien maanden op rij gaan er meer bedrijven op de fles dan een jaar eerder. In augustus was er zelfs een stijging van 80 procent vergeleken met vorig jaar. Is dit de start van een faillissementsgolf of valt het wel mee?
( 3
min )
Leraren op basisscholen, middelbare scholen en in het speciaal onderwijs kunnen een loonsverhoging van 10 procent tegemoetzien. Vakbonden en werkgevers hebben dat na intensieve onderhandelingen met elkaar afgesproken, meldt de Algemene Onderwijsbond (AOb).
( 3
min )
De Europese Commissie waarschuwt dat er meer geld nodig is om natuurrampen te bestrijden. De Europese pot voor noodhulp is al twee jaar op rij leeg geraakt, terwijl zulke rampen steeds vaker voorkomen.
( 3
min )
Passagiers van Japan Airlines kunnen sinds kort een kledingpakket huren dat in Japan voor ze klaarligt, schrijft CNN. Zo hoeven vakantiegangers minder kilo's aan bagage mee te nemen, waardoor het vliegtuig minder brandstof verbruikt.
( 3
min )
De winning van materialen voor oplaadbare batterijen, vooral gebruikt in elektrische auto's, gaat gepaard met "ernstige mensenrechtenschendingen" in de Democratische Republiek Congo. Volgens Amnesty International gaat het om onder meer seksueel geweld, brandstichting en mishandeling.
( 3
min )
LG krijgt een boete van 8 miljoen euro van toezichthouder ACM. Het elektronicabedrijf maakte verboden prijsafspraken rond televisies en dreef de prijzen zo op.
( 4
min )
Goksites doen nog te weinig om gokverslavingen tegen te gaan. De Kansspelautoriteit onderzocht tien aanbieders van online kansspelen in Nederland. Daaruit kwam naar voren dat ze te laat ingrijpen als gokkers buitensporig veel spelen via hun site.
( 4
min )
De horeca verspilt 9,2 procent minder voedsel dan in 2019, het jaar voor de coronapandemie. Wij zijn benieuwd wat jij doet om voedselverspilling tegen te gaan. Deel je tips hier.
( 2
min )
Het vliegverkeer in Europa is bijna weer op het niveau van voor de coronapandemie. In juli vlogen er nog 3 procent minder vliegtuigen dan in juli 2019, nog voor de corona-uitbraak.
( 4
min )
De KNVB heeft afspraken gemaakt met de Russische cybercriminelen die in april hebben ingebroken in de systemen van de voetbalbond. Daarmee hoopt de organisatie te voorkomen dat eventuele buitgemaakte gegevens op straat komen te liggen.
( 4
min )
LG krijgt een boete van 8 miljoen euro van toezichthouder ACM. Het elektronicabedrijf maakte verboden prijsafspraken rond televisies en dreef de prijzen zo op.
( 4
min )
Goksites doen nog te weinig om gokverslavingen tegen te gaan. De Kansspelautoriteit onderzocht tien aanbieders van online kansspelen in Nederland. Daaruit kwam naar voren dat ze te laat ingrijpen als gokkers buitensporig veel spelen via hun site.
( 4
min )
Door personeelstekorten wordt het onveilig op de werkvloer van het midden- en kleinbedrijf, waarschuwt de Nederlandse Vereniging voor Veiligheidskunde (NVVK). "Personeel staat steeds vaker voor de keuze om onveilig te werken, of om niet te werken."
( 5
min )
Ook in de maand augustus zijn meer bedrijven failliet gegaan dan in dezelfde maand een jaar eerder. Vooral bij transportbedrijven is een toename te zien. De faillissementen in die sector volgen op een kwartaal met een dalende omzet.
( 3
min )
De Consumentenbond begint een rechtszaak tegen Google. Volgens de organisatie is de manier waarop het techbedrijf gegevens van gebruikers verzamelt in strijd met de privacyregels.
( 3
min )
Het budget van het Internationale Rode Kruiscomité (ICRC) gaat volgend jaar met ongeveer 13 procent omlaag, zegt directeur Robert Mardini. Dat komt doordat grote donoren zoals de Verenigde Staten de financiering hebben verlaagd.
( 4
min )
De Consumentenbond begint een rechtszaak tegen Google. Volgens de organisatie is de manier waarop het techbedrijf gegevens van mensen verzamelt in strijd met de privacyregels.
( 3
min )
The union has proposed a mid-30% wage increase, down from an initial demand of at least 40%.
( 27
min )
Everyone likes a winner, and it’s only natural to gravitate toward them, but the stock market offers a unique twist on that process. That is because the biggest opportunities are often found among the losers, or more precisely, the stocks that have been beaten-down for one reason or another. The interesting part is that in the stock market, these losers can quickly become winners, and those who were bold enough to pick up equities at depressed levels when they looked down and out will, in the en
( 34
min )
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Today's best CD rate is 6.00% from American 1 Credit Union, with available jumbo rates of 5.85% from One America Bank and 5.80% from both Finworth and All In Credit Union.
( 20
min )
Crypto markets dropped sharply on Monday, with bitcoin’s price dipping below $25,000.
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Pratt & Whitney parent RTX said it will take a $3 billion charge as it inspects Pratt & Whitney engines.
( 17
min )
(Bloomberg) -- Oracle Corp. reported cloud sales growth that slowed in the quarter, dimming enthusiasm about the software maker’s expansion efforts in competitive market. The shares declined about 5% in extended trading.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayTesla and China Risk Leaving Volkswagen on a Road to NowhereTech Giants Power Stock Gains as Tesla Jumps 10%:
( 32
min )
Oracle narrowly missed market expectations for first-quarter revenue on Monday, as companies pared back spending on cloud services due to an uncertain economic outlook. Revenue for the quarter stood at $12.45 billion, slightly below analysts' estimates of $12.47 billion, according to LSEG data.
( 31
min )
GM presented a counteroffer to the UAW Thursday that offers a 10% wage increase across the life of the contract and other gains. The UAW rejects it.
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No, employer match does not count towards 401(k) limit, however, the IRS does limit total contribution from both the employer and the employee combined.
( 24
min )
When I retired in September 2022, my 401(k) was invested aggressively (90/10 split between stocks to bonds) and lost approximately 30%. I left the 401(k) invested in mutual funds in hopes it would gain back some of the losses. A year later it has gained back approximately 20%. I'm not required to take RMDs for […] The post Ask an Advisor: I’m 5 Years Away From RMDs But Recently Lost 30% of My 401(k). Should I Stay Aggressive to Regain My Losses or Rebalance? appeared first on SmartReads by Smart
( 33
min )
Tesla shares have surged after a Wall Street bank predicted that the electric car company’s value would rise above $1.2 trillion (£958bn) because of investments in an artificial intelligence supercomputer.
( 32
min )
Eli Lilly’s success with weight-loss drugs has led to a big market cap.
The pharma giant’s stock rose 1.6% on Monday afternoon, putting Lilly on track for a new all-time high dating back to 1972.
Lilly, which [reported just under a billion dollars in second-quarter revenue](https://www.wsj.com/liv
( 22
min )
Charlotte-based Truist's plan includes reducing about $750 million in costs over the next few quarters.
( 21
min )
Deutsche Bank Research analyst Steve Powers upgraded Kenvue to Buy from Hold over the weekend.
( 23
min )
(Bloomberg) -- Citizens Financial Group Inc. Chief Financial Officer John Woods vowed the company won’t do deals that require it to book losses as it looks to reduce a $13.7 billion portfolio of unwanted loans.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayMeloni Tells China That Italy Plans to Exit Belt and RoadIndia’s G-20 Win Shows US Learning How to Counter China RiseTes
( 32
min )
The benchmark U.S. 10-year Treasury note yield has peaked in the current cycle, according to a majority of bond strategists polled by Reuters, although most said their conviction around that prediction was weak. Despite yields rising over the past few months, analysts in a Reuters Sept. 5-11 poll held on to their predictions that sovereign yields will drop over the coming year, suggesting the recent sell-off in the bond market was mostly over. Roughly the same group of strategists said the same thing last month, about two weeks before the benchmark U.S. yield hit a near-16 year high of 4.37%.
( 32
min )
(Bloomberg) -- The wind is about to shift for the US stock market, if history is any guide, says Bank of America Corp.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayMeloni Tells China That Italy Plans to Exit Belt and RoadIndia’s G-20 Win Shows US Learning How to Counter China RiseTesla and China Risk Leaving Volkswagen on a Road to NowhereWith equities in the “recovery” pha
( 32
min )
In the early 2000s, Berkshire Hathaway Inc. Vice Chairman Charlie Munger made a daring yet calculated financial move. He entrusted a significant portion of his family’s fortune — $88 million — to Li Lu, often referred to as the Chinese Warren Buffett. This bold investment, though carrying its share of risk, not only remained secure but also experienced substantial growth. It is now estimated at approximately $400 million. “We made unholy good returns for a long, long time,” Munger said. “That $8
( 33
min )
Labor negotiations are always a face-off: the union vs. the company, wages, benefits, and working conditions vs. profits.
( 22
min )
September is traditionally known to be a challenging month for the stock market, with historical data showing it is usually the worst month of the year for stocks. However, when considering year-to-date activity, J.P. Morgan’s Global Investment Strategist, Madison Faller, points out that this may not be the case this year. “A closer look shows that in the 10 times since 1950 that the S&P 500 has been up at least 10% year-to-date and it’s been down in August (just like this year), September has b
( 35
min )
Citi analysts see near-term upside for Microsoft stock in artificial intelligence, and beyond. Shares can rise another 26%, they reckon.
( 22
min )
A lawsuit in North Carolina says a man is unable to pay his mortgage because Wells Fargo mistakenly froze his account. It points to a bigger problem in banking.
( 23
min )
Shares of Walgreens Boots Alliance continued their run downward Monday, putting them on pace for their lowest close since 2009.
The stock, recently off more than 1%, was on track to fall for a seventh straight session for the first time since September. It's down some 15% during the latest seven-da
( 22
min )
"We want to buy the best businesses in the world."
( 32
min )
I'm 64. I just inherited $50,000. I'm leary of investing it in stocks as I took a bath after 9/11 and saw my $70,000 401(k) cut in half. I have been looking at high-interest savings in digital banks such as … Continue reading → The post Ask an Advisor: I'm 64 and Received a $50K Inheritance But I ‘Took a Bath' in the Stock Market Once Before. Should I Put It Into High-Yield Savings? appeared first on SmartAsset Blog.
( 33
min )
The company said it would cost up to $7 billion to repair Pratt engines and compensate airlines for fixes that will ground more than 600 Airbus jets in 2024.
( 26
min )
David Tolley, WeWork's interim CEO, said the company's current lease liabilities remain too high and "are dramatically out of step with current market conditions."
( 18
min )
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One day after hitting a new 22-year high, 30-year mortgage rates retreated dramatically, registering their biggest rate drop in more than three months.
( 19
min )
Deciding when to take Social Security benefits is one of the most important questions to answer in planning your retirement strategy. Second to that is understanding what might increase-or reduce-your benefit amount. Does retirement income count as income for Social Security? No, but working while claiming benefits could shrink the amount that you're able to […] The post Does Retirement Income Count as Income for Social Security? appeared first on SmartReads by SmartAsset.
( 34
min )
Instacart’s much-anticipated IPO officially kicked off Monday, as the grocery delivery company revealed the price it hopes to fetch for its stock in a regulatory filing.
The San Francisco company and selling shareholders are aiming to sell 22 million shares at $26 to $28 apiece, raising $572 millio
( 23
min )
The company says it paid billions to executives including founder Sam Bankman-Fried before filing for bankruptcy last year.
( 30
min )
Broadcom director Check Kian Low just bought $9.6 million of shares of the chip maker on the open market.
( 23
min )
(Bloomberg) -- SoFi Technologies Inc.’s effort to transition from upstart fintech firm to the big leagues of financial institutions will face an important step possibly as soon as next week when the company helps take Instacart Inc. public.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy
( 33
min )
The sale caps a remarkable turnaround for Hostess, which has been through two Chapter 11 bankruptcies.
( 27
min )
(Bloomberg) -- RTX Corp.’s plan to address the latest flaw in its marquee commercial jet engine will ground hundreds of Airbus SE A320neo aircraft over the next three years, a fresh source of disruption to global airlines’ post-pandemic recovery.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That
( 33
min )
Recent hiccups probably won’t derail the firm’s restructuring, but the stock could struggle without further concrete signs of progress—and a healthier China.
( 26
min )
Chip maker Qualcomm will supply Apple with 5G chips for smartphone launches in 2024, 2025, and 2026. Its stock is reversing recent declines.
( 23
min )
The aerospace company announces it will take a $3 billion charge in the third quarter to reflect the costs of fixing some parts on its geared turbofan that powers A320 jets.
( 22
min )
Tech stocks tumbled last week, led lower by shares in Apple. But now the tech giant's stock is rising to start a new trading week.
( 23
min )
J.M. Smucker is buying Hostess for $34.25 a share.
( 22
min )
The aerospace company announces it will take a $3 billion charge in the third quarter to reflect the costs of fixing some parts on its geared turbofan that powers A320 jets.
( 22
min )
Shares of Arlington-based RTX Corp. were down in premarket trading Monday after the company announced that it will take $3 billion pretax charge this quarter tied to its recent disclosure of a rare defect in powdered metal used to make jet engines.
( 18
min )
“It’s messed up. But no way around it.”
( 32
min )
Chip maker Qualcomm will supply Apple with 5G chips for smartphone launches in 2024, 2025, and 2026. Its stock is reversing recent declines.
( 23
min )
FuelCell posts a fiscal third-quarter loss of 6 cents a share on revenue of $25.5 million.
( 22
min )
↗️ Tesla (TLSA): Shares in the electric carmaker rose more than 6% in premarket trading. Morgan Stanley analysts upgraded Tesla’s stock to “buy” from “hold,” citing its efforts to [develop an inhouse supercomputer](https://www.wsj.com/livecoverage/s
( 23
min )
Truist Financial Corp is planning "sizable reductions" to its workforce from the third quarter of 2023 to the first quarter of next year to trim costs, the bank disclosed in a regulatory filing on Monday. The layoffs, part of a larger cost savings program, are expected to save $300 million. Truist, in a presentation to investors, added expense growth in 2024 will be significantly lower than 2023.
( 31
min )
Tech stocks tumbled last week, led lower by shares in Apple. But now the tech giant's stock is rising to start a new trading week.
( 23
min )
Bitcoin started the week below US$26,000 while Ether dropped to US$1,611. Toncoin and XRP lead losers in the last 24 hours.
( 34
min )
Shares of Hostess Brands jump as J.M. Smucker, the food company famous for jams and jellies, is nearing an acquisition of the Twinkies maker for about $4 billion, according to a report from The Wall Street Journal.
( 22
min )
Competitive yields are tough to find in the stock market these days. For investors who aren’t averse to risk, business development companies offer an exception.
( 26
min )
Oil prices are at their highest level this year.
( 26
min )
China's central bank is tightening its scrutiny of bulk dollar purchases by domestic firms, three sources with direct knowledge of the matter said on Monday, at a time when the Chinese currency faces mounting depreciation pressure. Companies that need to purchase $50 million or more will now need approval from the People's Bank of China (PBOC), which convened a meeting with some commercial banks over the weekend on the matter, the sources said. The directive is being issued as the Chinese yuan has declined by about 6% against the U.S. dollar so far this year, falling to levels that were last seen during the 2008 global financial crisis.
( 31
min )
Shares of Tesla are upgraded to Buy from Hold at Morgan Stanley, Alibaba CEO Daniel Zhang is stepping down as head of the company's cloud business, and a report says J.M. Smucker is nearing a deal to buy Hostess Brands for about $4 billion.
( 23
min )
(Bloomberg) -- Investors should focus on a “late-cycle portfolio” of defensive stocks, industrials and energy, according to Morgan Stanley strategists led by Michael Wilson.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBiden Doubts China Able to Invade Taiwan Amid Economic WoesThe Mighty American Consumer Is About to Hit a
( 32
min )
Daniel Zhang was due to stand down as CEO on Sunday to focus on the cloud unit, which is set to be spun off as the company separates into six parts.
( 23
min )
(Bloomberg) -- The recent pullback in US stocks has further to go, according to Wall Street’s most bullish strategist.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBiden Doubts China Able to Invade Taiwan Amid Economic WoesEven Brief UAW Strike Seen Causing Billions in US Economic Damage“Bullishness is relatively high while
( 32
min )
Tesla started production of Dojo in July and plans to spend more than $1 billion through next year. Dojo can open up new addressable markets that "extend well beyond selling vehicles at a fixed price," Morgan Stanley analysts, led by Adam Jonas, said in a note published on Sunday.
( 32
min )
Company flight patterns suggest CEO Calhoun travels infrequently to headquarters from two distant homes, while CFO West occupies a new office five minutes from his Connecticut doorstep.
( 24
min )
(Bloomberg) -- China’s deflationary pressures eased slightly and data expected this week may show a pickup in credit demand, adding to a recent trickle of signs the nation’s economy is stabilizing. Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBiden Doubts China Able to Invade Taiwan Amid Economic WoesBoss of Failed Crypto
( 32
min )
Higher yields and 'duration' math mean further losses, if any, could be much smaller than those investors have already weathered.
( 23
min )
(Bloomberg) -- The yuan climbed from a 16-year low as China started the week on the offense, sending another forceful signal with the reference rate for the managed currency and urging state banks to support it.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBiden Doubts China Able to Invade Taiwan Amid Economic WoesBoss of F
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The company reports August quarter results Monday. The heart of the story remains the boost to its cloud computing business from AI workloads.
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(Bloomberg) -- Hong Kong property stocks suffered their biggest selloff in seven months, hit by disappointing earnings at the city’s top builder and a major bank’s reported plan to raise mortgage rates. Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBiden Doubts China Able to Invade Taiwan Amid Economic WoesBoss of Failed Cr
( 32
min )
(Bloomberg) -- Tesla Inc.’s Dojo supercomputer may add as much as $500 billion to the company’s market value through faster adoption of robotaxis and network services, according to Morgan Stanley.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBiden Doubts China Able to Invade Taiwan Amid Economic WoesEven Brief UAW Strike Se
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A purchase marrying the Twinkies owner with the jelly maker could be finalized by Monday.
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The Hong Kong-listed shares of China's Alibaba Group fell more than 4% on Monday after the surprise departure of outgoing Alibaba CEO Daniel Zhang from the company's cloud computing business. The company announced Zhang's decision to depart the unit in an internal letter to staff seen by Reuters. Zhang had been scheduled to hand over the role of group CEO to Eddie Wu on Sunday.
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There was red ink across the crypto market Monday morning in Asia as Bitcoin dipped below US$26,000. Ether also fell to near the US$16,000 mark.
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J.M. Smucker is nearing an agreement to buy Twinkies maker Hostess Brands, in a deal that would likely be in the neighbourhood of $4 billion, the Wall Street Journal reported on Sunday, citing sources. Both companies did not immediately respond to Reuters' request for comments outside regular business hours.
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Asia stock markets were softer on Monday ahead of U.S inflation September data this week with investors seeking signals about the Federal Reserve's next likely moves on interest rates. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.4%, after U.S. stocks ended the previous session with mild gains. Australian shares and Japan's Nikkei stock index both lost 0.25%.
( 32
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(Bloomberg) -- Asian equities may struggle to find traction Monday in a cautious open to trading around the region, while in currency markets the yen was on the front foot following potentially hawkish remarks for the Bank of Japan governor.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBoss of Failed Crypto Exchange Gets 11
( 33
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Abbott Cooper said the embattled bank needs a cash infusion from George Norcross and his group of activist investors, who he said would be hurt financially if Republic First collapses.
( 24
min )
(Bloomberg) -- After staving off recession for longer than many thought possible, the US consumer is finally about to crack, according to Bloomberg’s latest Markets Live Pulse survey. Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBoss of Failed Crypto Exchange Gets 11,000-Year SentenceEven Brief UAW Strike Seen Causing Bill
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The maturity date is when a debt comes due and all principal and/or interest must be repaid to creditors.
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Today's best CD rate is 6.00% from American 1 Credit Union, with available jumbo rates of 5.85% from One America Bank and 5.80% from both Finworth and All In Credit Union.
( 18
min )
Sole proprietor business insurance costs, on average, $1,483 per year, $1,191 for general liability only, and $717 for a BOP. Here’s how to find the best deal.
( 21
min )
Betterment and Schwab Intelligent Portfolios have created solid offerings, but Schwab Intelligent Portfolios has lower fees, putting them on top for the win.
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min )
Low-cost carrier JetBlue Airlines on Monday offered to sell off Spirit Airlines' assets at Newark Liberty and Boston Logan airports, as the airline seeks to win regulators' approval for a merger with Spirit.
( 18
min )
Moderna and German biotech firm Immatics announced an agreement to work on development of vaccines and treatments for cancer using the science behind Moderna’s COVID-19 shots.
( 17
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U.S. equities gained on Monday, Sept. 11, 2023, with the S&P 500 Index rising 0.7%, amid expectations Fed policymakers might not raise interest rates at their meeting next week.
( 18
min )
You might be better off playing roulette if you don't understand the risks of investing in Russia.
( 28
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Learn more about the available options that CareCredit offers to pay for out-of-pocket medical procedures with little to no interest.
( 22
min )
Pratt & Whitney parent RTX said it will take a $3 billion charge as it inspects Pratt & Whitney engines.
( 17
min )
On the surface, Betterment and Fidelity Go share many similarities. However, there are some key differences between Betterment and Fidelity Go that will help you choose the best fit for your money.
( 27
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Personal loan rates continued their decline this week, falling to 20.94%, losing just 2 basis points since last week when the average personal loan rate sat at 20.96%.
( 18
min )
Disney restored ESPN, ABC, and other content to Charter Communication’s Spectrum cable after a 10-day blackout following a deal that saw Spectrum customers get access to Disney streaming services.
( 18
min )
No, employer match does not count towards 401(k) limit, however, the IRS does limit total contribution from both the employer and the employee combined.
( 24
min )
A business is bonded if it has a surety bond, a legal contract whereby a surety company assumes liability for a debt or other obligation one business owes to another.
( 24
min )
The income effect and the price effect are both economic concepts that help analysts, economists, and business professionals understand economic trends. Learn the differences between the two and how they can influence financial analysis.
( 20
min )
Paul Samuelson was an economics professor at MIT who received the Nobel Prize in 1970 for his contributions to the field.
( 20
min )
The dividend growth rate is the annualized percentage rate of growth of a particular stock's dividend over time.
( 24
min )
Avantax, a tax-focused financial planning and wealth management, has agreed to be acquired by financial advisor wealth hub, Cetera, in a deal valued at $1.2 billion.
( 18
min )
Bank ratings are grades provided to the public by government agencies and private companies to predict the safety and soundness of financial institutions.
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min )
Qualcomm shares jumped more than 4% after the company said it expects to provide 20% of Apple's smartphone chipsets into 2026 as the iPhone-maker pushes back plans for in-house modem production.
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min )
U.S. equities rose at midday on Monday, Sept. 11, 2023, amid expectations Fed policymakers might not raise interest rates at their meeting next week.
( 17
min )
Smucker, the maker of its namesake jellies, Folgers coffee and other food products, said it would be paying $34.25 per share in cash and stock for Hostess,
( 17
min )
The U.S. government's latest antitrust case against Google could be the biggest in decades, drawing parallels to its showdown with Microsoft in the 1990s, with the potential to drastically alter the internet search market.
( 19
min )
Instacart filed for its much-anticipated initial public offering, which could value the online grocery delivery firm at as much as $9.3 billion.
( 17
min )
One day after hitting a new 22-year high, 30-year mortgage rates retreated dramatically, registering their biggest rate drop in more than three months.
( 19
min )
Katie Stockton, founder and managing partner of Fairlead Strategies, climbs back aboard The Express to share what the most important charts and indicators in the stock market are telling us right now.
( 16
min )
Former Alibaba CEO Daniel Zhang is stepping down from leading its cloud division just two months after announcing he would focus on it, raising concerns about its coming IPO.
( 17
min )
Boeing on Monday said it would sell 50 737-8 Max jets to Vietnam Airlines, a deal valued at $7.8 billion, according to the White House.
( 18
min )
The Federal Reserve report on consumer credit showed that in July, revolving credit grew $9.6 billion, mostly in credit card debt, while consumers also added another $773 million for auto loans and other non-revolving debts.
( 17
min )
The FDIC, one of the federal regulators responsible for overseeing banks, admitted some of its shortcomings contributed to the second-largest bank collapse in U.S. history earlier this year.
( 18
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Some experts say the stock market today may be just as vulnerable to a major disruption as on Sept. 11, 2001.
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Learn about the differences between the banking industry and the financial services sector and how to distinguish financial goods from financial services.
( 23
min )
A home insurance inspection may be necessary when buying a home. Learn what one involves and how to prepare for it.
( 21
min )
Quants use computer algorithms based on mathematical models to identify profitable trading opportunities. Learn how much quants make and what they do.
( 24
min )
A month-to-month tenancy is categorized as a periodic tenancy in which the tenant rents from the property owner one month at a time.
( 21
min )
A warehouser's liability form is a document that describes the obligations of a storage facility toward its customers.
( 19
min )
Voluntary life insurance, an optional benefit often offered by employers, is a plan that provides a cash benefit upon the death of the insured.
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Voluntary accidental death and dismemberment insurance (VAD&D) pays cash in the event the policyholder is killed or loses a specific body part.
( 21
min )
Weighted average shares takes into account fluctuations over time in a company's number of outstanding shares.
( 22
min )
In 2014, Warren Buffett announced that he would give whoever could correctly guess every game of the NCAA men’s basketball tournament $1 million a year for life. What are the odds that someone could win the challenge?
( 24
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Learn about flexible spending accounts (FSAs), and understand the medical expenses on which an individual cannot use FSA funds, such as teeth whitening.
( 21
min )
Ruim één op de drie online platformen zoals bol.com, Marktplaats en Amazon gebruikt algoritmes om bezoekers te helpen of hun aankoop zelfs te sturen. Minder dan de helft van al deze websites is eerlijk over hoe hun systemen werken.
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min )
Het budget van het Internationale Rode Kruiscomité (ICRC) wordt volgend jaar met ongeveer 13 procent verlaagd, zegt directeur Robert Mardini. Dat komt doordat grote donoren zoals de Verenigde Staten de financiering hebben verlaagd. Het ICRC is een onderdeel van de Rode Kruisbeweging en staat los van bijvoorbeeld het Nederlandse Rode Kruis.
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Het budget van het Rode Kruis wordt volgend jaar met ongeveer 13 procent verlaagd, zegt directeur Robert Mardini. Dat komt doordat grote donoren zoals de Verenigde Staten de financiering hebben verlaagd.
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De Rabobank heeft zijn variabele tarieven voor spaarders verhoogd. Spaarders die tot 20.000 euro bij de bank hebben staan, ontvangen daar vanaf maandag 1,7 procent rente over. Dat was eerst 1,5 procent.
( 3
min )
Ruim 5 procent van de Nederlanders had vorig jaar niet genoeg geld om het huis warm te houden. Dat is een op de twintig huishoudens. Dat meldt het Europese statistiekbureau Eurostat maandag.
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min )
Nederlandse spaarbanken bieden in Duitsland vaak fors hogere rentes aan dan aan spaarders in Nederland. In België liggen de spaarrentes juist veel lager dan bij ons.
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min )
De Europese Commissie heeft de verwachte economische groei van Nederland flink naar beneden bijgesteld voor dit jaar. Door de hoge inflatie in het eerste half jaar hebben huishoudens minder te besteden dan eerder gedacht. Tegelijkertijd liep de export terug.
( 4
min )
Na jaren van ongebreidelde groei trekt betaalbedrijf Mollie nu aan de rem. Er zullen ontslagen vallen, zegt oprichter Adriaan Mol tegen FD.
( 3
min )
De horeca gooit nu 9,2 procent minder voedsel weg dan in 2019, het jaar voor de coronapandemie. Maar het weggegooide eten is nog altijd goed voor bijna 6 procent van de omzet, blijkt uit onderzoek van de Rabobank.
( 4
min )
De A12 is vandaag weer het strijdtoneel van de klimaatactivisten van Extinction Rebellion. Dit soort acties winnen aan populariteit in Nederland, zien experts. Kritisch burgerschap en activisme zitten in de lift. "Er is veel om ontevreden over te zijn."
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min )
Ondanks de grote populariteit van fatbikes onder dieven, schrikt dat de eerlijke koper niet af, blijkt uit een rondgang van NU.nl onder fietsenwinkels. Wel is de consument bij de aanschaf steeds geïnteresseerder in hoe je de fatbike het best beschermt.
( 5
min )
Veel winkeliers hebben nog steeds veel moeite om genoeg medewerkers te vinden. Zo bleek uit een recente peiling van vereniging INretail dat 60 procent van de retailers zijn personele bezetting niet rondkrijgt. Ook de horeca heeft grote problemen.
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min )
U.S. Treasury bills (T-bills) are sold at auction, typically at a discount from their par value. The maturity length and the discount are used to determine the interest rate.
( 21
min )
The Automated Clearing House (ACH) is an electronic funds-transfer system run by the former National Automated Clearing House Association (NACHA), now known as Nacha.
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min )
Find out how factor endowments – namely labor, land and capital – affect a country's comparative advantage and how that advantage can change over time.
( 22
min )
Learn how most financial institutions calculate interest on lines of credit by using the average daily balance method and periodic rates.
( 20
min )
Here is a brief intro to the complex U.S. tax rules governing call and put options with examples of some common scenarios.
( 25
min )
Look-through earnings are based on the concept that a firm's value is ultimately determined by how retained earnings are invested in future years by the firm to produce more earnings.
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min )
Freeganism is an alternative philosophy of living, based on minimal participation in capitalism and limited consumption of resources.
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min )
Economic justice is a concept aimed at providing avenues to financial prosperity to individuals who have been marginalized in an economy.
( 22
min )
The employment-to-population ratio measures the number of workers currently employed against the total working-age population of a region.
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min )
A market economy is a system of voluntary economic exchanges guided by the decisions of many private individuals rather than government orders.
( 22
min )
Chicago School is an economic school of thought founded in the 1930s that promoted the virtues of free-market principles to better society.
( 19
min )
The base effect is the effect that the choice of a reference point when comparing two data points can have on the result of the comparison.
( 20
min )
Read about the two-way correlation between the total amount of money circulating in the economy and gross domestic product (GDP).
( 20
min )
Condemnation is when a government orders a dwelling, building, or other property to be vacated and kept vacant.
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min )
A Certified Commercial Investment Member (CCIM) is a recognized expert in the disciplines of commercial and investment real estate.
( 19
min )
Hyperinflation can make a $1,000 bill look like chump change.
( 19
min )
Here's how dividend stocks can make you rich, but you have to be patient.
( 21
min )
A voluntary export restraint (VER) is a trade restriction on the quantity of a good that an exporting country is allowed to export to another.
( 19
min )
An economic shock is an event that occurs outside of an economic model that produces a significant change within an economy.
( 21
min )
The statutory debt limit, also called the debt ceiling, is the limit to the amount that the U.S. Treasury can borrow to meet its obligations. Learn how it works.
( 24
min )
The Balassa-Samuelson Effect is a pattern wherein countries with high productivity and wage growth also experience higher real exchange rates.
( 19
min )
Investing in startups is a very risky business but can reward investors greatly if and when they do pay off.
( 24
min )
The gambler's fallacy is an erroneous belief that a random event is less or more likely to happen based on the results from a previous series of events.
( 23
min )
Student loan debt reached $1.63 trillion in 2023 and the Supreme Court has taken steps to prevent it from being eliminated. Here's who owes what and why.
( 26
min )
Personal Financial Specialist (PFS) is a specialty credential for CPAs who are experts at helping individuals with all aspects of wealth management.
( 22
min )
The financial crisis of 2008 and the Great Recession that followed is still fresh in many investors' memories. Learn about investing during times like these.
( 22
min )
Locus Sigilli, Latin for the place of the seal, denotes the area on a contract where the seal is to be affixed.
( 19
min )
While many COVID relief measures have expired, some remain in place.
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A settlement bank is the last bank to receive and report the settlement of a transaction between two entities.
( 20
min )
The Government Securities Clearing Corporation was a non-profit organization that clears and nets U.S. government securities and agency debt securities.
( 19
min )
A safe deposit box (or safety deposit box) is an individually secured container that stays in the safe or vault of a federally insured bank or credit union.
( 23
min )
Employers expect health benefit costs could rise an average of 5.4% per employee next year, a survey by Mercer found.
( 16
min )
New York City is enforcing a host registration law to eliminate illegal short-term rentals.
( 18
min )
Companies ranging from tech giant Microsoft to Shopify, H&M, and payments company Stripe are investing millions of dollars on carbon removal, the process of extracting carbon dioxide from the atmosphere.
( 20
min )
The last mile refers to the short geographical segment of delivery of communication and media services or delivery to customers in dense areas.
( 20
min )
Learn about the differences between prime costs and conversion costs, and how each type is used in business operations.
( 20
min )
Certified Credit Executive (CCE) is a professional designation issued by the National Association of Credit Management (NACM).
( 19
min )
With the Federal Reserve having raised short-term fed fund rates 11 times over the past 18 months, bringing them to a range between 5.25% and 5.5% – their highest levels in 22 years – these aggressive actions are yielding results. Inflation has continued to cool down throughout this year, with the annual growth of the consumer price index falling to 3% in June, marking its lowest point since March 2021. However, despite these positive outcomes, billionaire investor Howard Marks is sounding a war
( 35
min )
(Bloomberg) -- Short sellers are raking in profits by betting against a part of the US equity market overlooked by most investors: small-cap stocks. Most Read from BloombergIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBoss of Failed Crypto Exchange Gets 11,000-Year SentenceTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsThe
( 33
min )
Oil prices hit their highest levels in 2023 last week following an announcement by Saudi Arabia and Russia that they would deepen their previously announced oil production cuts.
( 32
min )
Tesla, which has fought off organized labor, faces traditional automakers pushing aggressively into electric vehicles.
( 33
min )
The Consumer Price Index is expected to be up 3.6%. Results from Oracle, Adobe, and Lennar. And a policy decision from the European Central Bank.
( 23
min )
(Bloomberg) -- Alibaba Group Holding Ltd.’s former chief executive Daniel Zhang has resigned his post as head of its cloud business, completing his exit as new leadership takes the helm of China’s largest e-commerce company.Most Read from BloombergBoss of Failed Crypto Exchange Gets 11,000-Year SentenceIndia’s G-20 Win Shows US Learning How to Counter China’s RiseWall Street Fears a Too-Hot Economy as Recession Bets PlungeCalifornia Shows an Electric-Car Uprising Headed for the USEverything Appl
( 31
min )
Here is your Pro Recap of 4 head-turning deal dispatches you may have missed this past week: deals at Enbridge and Dominion Energy, WestRock and Smurfit Kappa, NextGen Healthcare and Thoma Bravo, and potential sale of Alteryx. Enbridge (NYSE:ENB) agreed to acquire EOG, Questar, and PSNC from Dominion Energy (NYSE:D) at a combined value of $14 billion, which includes $9.4B cash and $4.6B of assumed debt, as reported in real time on InvestingPro.
( 32
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Alibaba Group said on Sunday that Daniel Zhang will step down as chairman and chief executive officer of its cloud business. Zhang had previously been concurrently serving in three roles, heading the group as well as its cloud unit. He handed over the role of the group's CEO to Eddie Wu on Sunday, who will also take charge of the cloud unit after Zhang's departure.
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min )
Americans are taking advantage of high interest rates to invest more in fixed-income assets like bonds or CDs, but experts warn of higher taxes ahead.
( 33
min )
A court setback for the SEC has narrowed the discount on Grayscale Bitcoin Trust shares, making the price of the underlying asset more important.
( 27
min )
The kingdom is looking to invest $15 billion in mining assets globally, while the U.S. is seeking to counter China’s supply-chain dominance.
( 29
min )
Trump’s return to mainstream social-media platforms Facebook and X has erased a key strength of the smaller platform popular with conservatives.
( 29
min )
Stock advances have surprised many investors, partly because expectations for company earnings hadn’t kept up.
( 26
min )
More and more young people are seeing a skilled trade as a desirable career – maybe they’re on to something
( 32
min )
(Bloomberg) -- Traders in the $325 billion industry for emerging-market exchange-traded funds are shifting cash toward strategies that focus on brighter spots in the developing world as China’s economy stumbles.Most Read from BloombergBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-Car Uprising Headed for the USEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsWall Street Fears a Too-Hot Economy as Recession Bets PlungeUS, EU Agree on Mid
( 33
min )
The Swiss National Bank nearly doubled investments in electric-vehicle makers Rivian and Lucis, and sold Apple and GM stock in the second quarter.
( 23
min )
(Bloomberg) -- The S&P 500 Index’s surprise 16% rally this year is rewarding traders who bought in early and punishing those who’ve remained skeptical. But fear of a downturn remains.Most Read from BloombergBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-Car Uprising Headed for the USEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsWall Street Fears a Too-Hot Economy as Recession Bets PlungeUS, EU Agree on Mideast-India Rail and Shipping
( 33
min )
The moment that Bill Gates turned from boy wonder geek to ruthless capitalist symbol is easy to pinpoint: it was captured on camera.
( 35
min )
Let’s talk about electric vehicles, EVs. Electrically powered cars are not a new concept – they’ve been around since the earliest days of the automobile. But in the past decade, several factors have combined to make them more competitive with the industry-standard internal combustion engine. Chief among these factors are improving battery technology, with reductions in weight and improvements in power and range, and reduced cost as manufacturers ramp production up to scale. Globally, EV makers a
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min )
Even the wealthy borrow, and Martha Stewart, Carl Icahn and Ron Perelman go to Bank of America’s Jane Heller when they need to.
( 22
min )
With the shale boom’s end in sight, some companies are trying to impress Wall Street by eking out growth—and drilling ever deeper.
( 22
min )
GM, Ford and Stellantis want to use profits for their EV transition. Workers want a more than 40% pay increase.
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min )
The central bank is likely to pause rate increases in September, then take a harder look at whether more are needed.
( 26
min )
(Bloomberg) -- Problems are stacking up for Europe’s hottest sector.Most Read from BloombergBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-Car Uprising Headed for the USEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsUS, EU Agree on Mideast-India Rail and Shipping Corridor at G-20Ex-Google CEO Eric Schmidt Scraps $67.6 Million Purchase of Abandoned SuperyachtA warning from the chairman of Cartier-owner Richemont that stubborn inflation
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min )
Analysts are raising their forecasts for earnings of companies whose products people buy when they have money left over after buying essentials.
( 22
min )
Kroger and Albertsons will sell 413 stores to C&S Wholesale Grocers in connection with a proposed $24.6 billion merger announced last October.,
( 32
min )
Working longer is good for your health as well as your finances.
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min )
Earnings from summer jobs can be invested for decades of tax-free growth.
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min )
Het verzuim in Nederland is in het eerste half jaar van 2023 gedaald ten opzichte van vorig jaar. Dat is voor het eerst sinds 2016, blijkt uit cijfers van statistiekbureau CBS.
( 3
min )
Stijgende benzinekosten en lange files zijn allemaal goede redenen om met meer mensen in een auto te stappen. Maar is de bestuurder wel goed verzekerd voor het geval datg er iets misgaat? Drie vragen over de inzittendenverzekering.
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min )
Het Internationaal Monetair Fonds (IMF) en de Wereldbank hebben samen met enkele wereldleiders Marokko financiële hulp beloofd. Het land is vrijdagavond getroffen door een grote aardbeving. Bij de aardschok in de regio rond Marrakesh zijn zeker tweeduizend mensen omgekomen.
( 3
min )
Het Internationaal Monetair Fonds (IMF) en de Wereldbank hebben samen met enkele wereldleiders financiële hulp beloofd aan Marokko vanwege de aardbeving. Bij de aardschok in de regio rond Marrakesh zijn zeker tweeduizend mensen omgekomen.
( 3
min )
Vluchten, overnachtingen en busreizen: alle vakanties zijn het afgelopen jaar duurder geworden. Gaan de prijzen ooit weer zakken? En is het nog steeds voordeliger om buiten het seizoen op vakantie te gaan?
( 4
min )
Vluchten, overnachtingen en busreizen: alle vakanties zijn het afgelopen jaar duurder geworden. Gaan de prijzen ooit weer zakken? En is het nog steeds voordeliger om buiten het seizoen op vakantie te gaan?
( 4
min )
De zon schijnt, het waait lekker: hoog tijd om snel je auto op te laden en een was te draaien. Naast een vast en variabel energiecontract kun je bij steeds meer aanbieders een dynamisch energiecontract afsluiten. Voor wie is dat gunstig?
( 3
min )
International bonds are usually securities issued in one country but bought by an investor residing in another country and using its local currency.
( 21
min )
A digital asset is anything in digital form with value, ownership, and usage rights. Learn more about digital assets, how they evolved, and what they mean.
( 21
min )
An uberrimae fidei is a legal principle in certain contracts, such as insurance, requiring the highest standard of good faith during disclosure.
( 19
min )
Student loan forgiveness programs can provide financial relief for teachers who took out education debt to pay for college.
( 24
min )
Short selling is a way to profit from a stock whose price the investor expects to fall.
( 25
min )
G20 leaders reached a consensus on a joint statement covering a wide range of economic issues at their summit in Delhi, after compromising on language related to Russia's invasion of Ukraine.
( 17
min )
Understand the argument that the repeal of the Glass-Steagall Act caused the 2008 financial crisis, and learn why the argument may not be valid.
( 22
min )
Discover why Warren Buffett found Coca-Cola an attractive stock in 1987 and why it's still a top holding in the Berkshire Hathaway portfolio.
( 25
min )
Sunshine laws are regulations requiring openness in business or government operations.
( 19
min )
Paying student loan interest during school will help you start your adult life with less debt. But it's not always the best decision.
( 26
min )
The Tax Reform Act of 1986 is a law passed by Congress that reduced the maximum rate on ordinary income and raised the tax rate on long-term capital gains.
( 20
min )
A JD degree or Juris Doctor is the highest law degree in the U.S. Learn the requirements for a JD degree, along with lawyer job outlook and salary.
( 23
min )
In economics, shock therapy theorizes that sudden, dramatic changes in national economic policy can turn a state-controlled economy into a free-market economy.
( 19
min )
Currency in circulation refers to notes, coins, or any other physical forms of money that are used in transactions between buyers and sellers.
( 19
min )
The Saving on a Valuable Education (SAVE) plan is an income-driven repayment (IDR) plan introduced by the U.S. Department of Education and replaces the Revised Pay As You Earn (REPAYE) plan.
( 24
min )
A default happens when a borrower fails to make required payments on a debt, whether of interest or principal. Find out what the consequences of default are.
( 27
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More ETFs raised fees than lowered them in the first half of 2023, signaling the days of continually falling ETFs may have ended.
( 18
min )
Kroger (KR) shares surged Friday after the supermarket chain posted higher-than-expected earnings for the second quarter, settled claims from an opioid lawsuit, and sold more than 400 stores to win approval for a merger.
( 18
min )
OpenAI co-founder and CEO Sam Altman was the first to be granted a golden visa from Indonesia, joining other wealthy American tech moguls in paying for the benefits of additional visas or citizenships.
( 20
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Widening of conference regions may strengthen local economies where the teams play, Wells Fargo, Fed research show.
( 18
min )
Lintner's model is a model proposed by John Lintner from Harvard University for corporate dividend policy.
( 19
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Discover how the now-defunct Soviet economic system affected domestic consumer goods markets. Learn more about how the Soviet government produced goods for consumers.
( 23
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The American Academy of Financial Management was a globally recognized academic institution that issued a number of credentials and designations.
( 19
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Bernie Sanders did not become the Democratic presidential nominee for 2020, but his economic plan still raises many important points and addresses ongoing issues.
( 32
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An economic growth rate is the percentage change in the value of all of the goods and services produced in a nation during a specific period of time, as compared to an earlier period.
( 20
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Protect your and your family's teeth now and prevent problems down the road with affordable dental benefits. Learn what dental insurance does and doesn't cover.
( 25
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The Foreign Corrupt Practices Act (FCPA) is a U.S. law that prohibits the payment of bribes to foreign officials to further business deals.
( 21
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Systemic risk is the possibility that an event at the company level could trigger severe instability or collapse in an entire industry or economy.
( 19
min )
Eli Lilly and Co. (LLY) shares have soared, rallying 60% in 2023. Heavy unusual demand for the stock is powering this uptrend.
( 32
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Oracle Corp. (ORCL) shares are racing higher in 2023, up 55%. Heavy unusual demand for the stock is powering this uptrend.
( 32
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(Bloomberg) -- Bond traders have been ratcheting up bets that the Federal Reserve isn’t done with its interest-rate hikes just yet. Next week will help determine if they’re right. Most Read from BloombergBoss of Failed Crypto Exchange Gets 11,000-Year SentenceEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsUS, EU Agree on Mideast-India Rail and Shipping Corridor at G-20California Shows an Electric-Car Uprising Headed for the USEx-Google CEO Eric Schmidt Scraps $67.6 Millio
( 33
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A meat processing company in Minnesota on Friday agreed to pay $300,000 in penalties after an investigation found it employed children as young as 13 to work in hazardous conditions, such as operating meat grinders, while they worked overnight shifts and longer hours than allowed by law. Tony Downs Food Company, based in Mankato, also agreed to obey child labor laws and hire a compliance specialist as part of a consent order with the Minnesota Department of Labor and Industry. “In this case, Tony Downs has agreed to take important steps to prevent child labor violations,” department Commissioner Nicole Blissenbach said in a statement.
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Short selling is a way to profit from a stock whose price the investor expects to fall.
( 25
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(Bloomberg) -- As the odds of a recession collapse on Wall Street, markets are back to being vulnerable to any sign that the US economy is running too hot.Most Read from BloombergBoss of Failed Crypto Exchange Gets 11,000-Year SentenceEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsUS, EU Agree on Mideast-India Rail and Shipping Corridor at G-20California Shows an Electric-Car Uprising Headed for the USEx-Google CEO Eric Schmidt Scraps $67.6 Million Purchase of Abandoned S
( 34
min )
American Airlines and some aviation unions say carrier is exploiting a regulatory loophole. JSX is pushing back, saying rivals can’t handle the competition.
( 23
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Net unrealized appreciation (NUA) is a tax strategy that can allow you to shift a portion of your retirement account from income taxes to the special, much lower, capital gains tax rate. When successful, it significantly lowers the taxes you pay in retirement. To do this, you must have an employer-sponsored retirement plan that contains […] The post How Is Net Unrealized Appreciation (NUA) Taxed? appeared first on SmartReads by SmartAsset.
( 34
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GOP presidential hopeful brought the same swagger to his business
career as he has to his Republican primary campaign.
( 26
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Large, export-dependent economies from China to Germany are the main losers from the new trend.
( 27
min )
About 146,000 U.S. auto workers are set to go on strike this week if General Motors, Ford and Stellantis fail to meet their demands for big pay raises and the restoration of concessions the workers made years ago when the companies were in financial trouble. Shawn Fain, the combative president of the United Auto Workers union, has threatened to strike any of the three companies that hasn't reached an agreement by the time its contract with the union expires at 11:59 p.m. Eastern time Thursday.
( 36
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In an attempt to reboot the global economy, central banks slashed interest rates to almost zero, resulting in an era of cheap money. First, it incentivized investors to fund promising (and, in many cases, not so promising) young tech companies. Over the past decade, a dizzying array of challenger banks, e-money services, digital wallets, and more have managed to claw market share away from the legacy incumbents.
( 36
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The state’s retirement fund staff are among the country’s highest-paid state employees.
( 26
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One of France’s biggest banks has told clients to move money out of the eurozone and back Britain.
( 32
min )
(Bloomberg) -- Eleven interest-rate hikes by the Federal Reserve have done little to break the gambling fever gripping the US stock market.Most Read from BloombergEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-Car Uprising Headed for the USUS Probes Made-in-China Chip as Tensions Flare Over TechnologyEx-Google CEO Eric Schmidt Scraps $67.6 Million Purchase of Abandoned SuperyachtIn episod
( 32
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More ETFs raised fees than lowered them in the first half of 2023, signaling the days of continually falling ETFs may have ended.
( 19
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"I couldn't keep building someone else's dream," she says.
( 31
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A preliminary $9.5-million settlement has been reached in a class-action lawsuit over the Magic Key program at Disneyland. More than 100,000 people will receive payouts.
( 31
min )
New research shows that three out of 10 workers who got bigger roles at work wound up leaving within a month. The same wasn’t true for people who stayed in their old roles.
( 34
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Cooling demand for workers could help achieve a soft landing—lower inflation without a recession.
( 25
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(Bloomberg) -- When crude surges above $90 a barrel and the leaders of Saudi Arabia and Russia get on the phone to congratulate each other on a job well done, oil consumers should take note. Most Read from BloombergEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-Car Uprising Headed for the USUS Probes Made-in-China Chip as Tensions Flare Over TechnologyEx-Google CEO Eric Schmidt Scraps $67
( 35
min )
Preferred stocks—high-yielding hybrids with characteristics of both stocks and bonds—are an attractive alternative to bonds.
( 23
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For a startup company, there aren't too many things more exciting than progressing to the point where it can make an initial public offering (IPO). But seeing the shares surge over 600% in the first day of trading and having the biggest IPO of 2023 might match that excitement. That's what happened to golf club maker Sacks-Parente Golf Inc., which blew the roof off of Wall Street with its August IPO. Don't Miss: Until 2016 it was illegal for retail investors to invest in high-growth startups. Tha
( 32
min )
China's consumer prices returned to positive territory in August while factory-gate price declines slowed, data showed on Saturday, as deflationary pressures eased amid signs of stabilisation in the economy. The consumer price index (CPI) rose 0.1% in August from a year earlier, the National Bureau of Statistics said, slower than the median estimate for a 0.2% increase in a Reuters poll. CPI fell 0.3% year-on-year in July.
( 30
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(Bloomberg) -- A record stock-market valuation and surging foreign inflows make for a great backdrop as Prime Minister Narendra Modi looks to tout India’s growing prominence to world leaders at this weekend’s Group of 20 summit in New Delhi.Most Read from BloombergBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-Car Uprising Headed for the USEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsUS, EU Agree on Mideast-India Rail and Shipping C
( 33
min )
Fabrikant van straalmotoren CFM International meldt dat 68 van zijn motoren vervalste onderdelen van het louche Britse bedrijf AOG Technics bevatten. Het gaat om CFM56-motoren die gemonteerd zijn op type vliegtuigen die het grootste deel uitmaken van de mondiale vloot.
( 4
min )
De A12 is vandaag weer het strijdtoneel van de klimaatactivisten van Extinction Rebellion. Dit soort acties winnen aan populariteit in Nederland, zien experts. Kritisch burgerschap en activisme zitten in de lift. "Er is veel om ontevreden over te zijn."
( 5
min )
Ondanks de grote populariteit van fatbikes onder dieven, schrikt dat de eerlijke koper niet af, blijkt uit een rondgang van NU.nl onder fietsenwinkels. Wel is de consument bij de aanschaf steeds geïnteresseerder in hoe je de fatbike het best beschermt.
( 4
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Fabrikant van straalmotoren CFM International meldt dat 68 van zijn motoren vervalste onderdelen van het louche Britse bedrijf AOG Technics bevatten. Het gaat om CFM56-motoren die gemonteerd zijn op type vliegtuigen die het grootste deel uitmaken van de mondiale vloot.
( 4
min )
De Afrikaanse Unie is zaterdag toegetreden als permanent lid van de G20. Dat hebben de G20-landen besloten tijdens een top dit weekend.
( 5
min )
Premier Narendra Modi van India heeft zaterdag de Afrikaanse Unie gevraagd om permanent lid te worden van de G20.
( 4
min )
Consider applying for long-term care insurance sooner than you'll need it, possibly in your mid-50s. If you wait too long, premiums can be much higher or you may be denied.
( 22
min )
CIVETS is an investing acronym for Colombia, Indonesia, Vietnam, Egypt, Turkey, and South Africa, nations seen as rising emerging markets in the late 2000s.
( 22
min )
You don't need a big deposit to earn one of today's record CD rates. These nation-leading CDs have very low or even no minimum deposit required.
( 17
min )
Apple (AAPL) shares had a rough week, tumbling almost 6% and dragging down a number of popular ETFs that are heavily exposed to the world's most valuable company.
( 17
min )
In finance, the term laddering is used in a variety of ways depending on the industry. A common usage relates to bond ladders for retirement income.
( 24
min )
American household net worth increased in the second quarter of 2023 with stock and real estate assets making gains.
( 17
min )
U.S. equities rose, with the S&P 500 gaining 0.1% on Sept. 8, 2023 to snap a three-day losing streak, as tech stocks rebounded.
( 17
min )
An accountant is a certified financial professional who performs functions such as audits or financial statement analysis according to prescribed methods.
( 21
min )
A Bitcoin ETF is like a mutual fund, but the intent is to track Bitcoin's price and trade on an exchange. Learn about these new types of ETFs.
( 22
min )
"Agency MBS Purchase" typically refers to the U.S. Federal Reserve's policy of purchasing certain government-backed securities.
( 21
min )
US equities gained, with the S&P 500 Index gaining 0.1% on Sept. 8, 2023, snapping a three-day losing streak, as concerns about interest rates and US-China tensions eased.
( 16
min )
Nasdaq Inc. said Friday the Securities and Exchange Commission has given it permission to launch the first-ever exchange AI-powered order type, called Dynamic Midpoint Extended Life Order (M-ELO).
( 16
min )
Among the IRS’s new initiative, the agency plans to contact about 1,600 taxpayers earning $1 million or more who owe hundreds of millions of dollars in taxes.
( 18
min )
Find out how the underground or shadow economy can affect the accuracy of the calculation of a country's gross domestic product (GDP).
( 19
min )
College students’ streaming subscriptions are no exception to the trend of rising prices, as many popular streaming platforms recently lifted prices for their discounted student plans.
( 18
min )
Block's Square and Cash App payment systems suffered an outage Thursday that left customers unable to access accounts, sending the parent company's stock down more than 5% Friday.
( 17
min )
Principal is money lent to a borrower or put into an investment. It can also refer to a private company’s owner or the chief participant in a deal.
( 25
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Those TurboTax commercials touting “free free free” tax filing were false false false for most taxpayers, a judge ruled this week.
( 18
min )
A risk-adjusted return accounts for the riskiness of an investment compared to the risk-free rate of return.
( 22
min )
If you have exhausted all other avenues, a hardship withdrawal may be worth considering.
( 28
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Social Security retirement benefits are often used to supplement other income in retirement. However, some people live on Social Security alone. Here's how it can work.
( 25
min )
Reports of a Chinese government ban on Apple's iPhone have sent the stock lower and some of its suppliers are hurting too.
( 17
min )
Once you’re actually retired, consider these strategies to minimize taxes on your income
( 25
min )
Annuities and bonds are two choices for investors seeking a steady income in retirement. Explore key differences in risks, costs, potential returns.
( 25
min )
Other post-employment benefits are benefits other than pensions that employers provide to retired workers. They can include life and health insurance.
( 23
min )
If you're saving for retirement, you have several strategies to choose from. The best retirement plans are typically tax-advantaged accounts like 401(k)s and IRAs.
( 31
min )
High-end furnishings retailer RH warned that elevated mortgage rates will crimp the luxury housing market and hurt its sales.
( 17
min )
As of early September, federal student loan borrowers had resumed making payments at the same level as before the pandemic struck, ahead of the October deadline for required payments to resume.
( 17
min )
Joining the heated AI race, Ant Group's LLMs can be used in finance-related services such as wealth management, market analysis, and investor education.
( 17
min )
Priced out is a term used to describe buyers who cannot or will not pay the current market price for a good.
( 23
min )
U.S. equities advanced at midday on Friday, Sept. 8, with the S&P 500 set to snap its 3-day losing streak, as lower bond yields took some pressure off battered tech stocks.
( 16
min )
First Republic Bank’s CD rates are relatively high, but they have a high minimum balance requirement as well. Learn more and see if First Republic is right for you.
( 21
min )
Several Federal Reserve officials said the interest rates were high enough at the moment, but unless inflation slowed down even further, more hikes could be needed.
( 18
min )
DocuSign exceeded profit and sales estimates and boosted its outlook, but warned about macroeconomic pressures. It attributed the positive results to last year's restructuring.
( 16
min )
An automatic transfer of funds is a standing banking arrangement involving transfers from a customer's account are made on a regular, periodic basis.
( 21
min )
The federal funds rate is the target interest rate set by the Fed at which commercial banks borrow and lend their extra reserves to one another overnight.
( 27
min )
Disputes over pay and other conditions led to strikes at Chevron's Australian LNG facilities responsible for over 5% of global supply.
( 17
min )
Here's a description of a day in the life of a junior financial analyst.
( 24
min )
The companies will build linguistically diverse generative AI applications for 450 million Reliance Jio Infocomm customers across India amid mounting geopolitical tension between the U.S. and China.
( 17
min )
The deferment period is an agreed-upon time during which a borrower does not have to pay interest or principal on a loan, such as with a student loan.
( 22
min )
Monetary policy impacts every asset class, and investors commonly structure their portfolios to benefit from and absorb economic policy changes.
( 21
min )
The unemployment rate is the percentage of the total labor force that is unemployed but actively seeking employment and willing to work.
( 32
min )
The tampon tax refers to the tax imposed on menstrual hygiene products by various national, state, and local governments across the globe, including in the U.S.
( 22
min )
Global leaders are expected to discuss the war in Ukraine and standards to regulate cryptocurrencies at the 2023 G20 Summit in India.
( 18
min )
Recessions are a persistent downturn in economic activity. Here we look at the causes and effects of major U.S. recessions since the Great Depression.
( 32
min )
Consumers with super-prime credit are considered to have excellent credit and pose the least risk to lenders and creditors.
( 25
min )
A twit pitch is a slang term used to describe a variation of an elevator pitch.
( 20
min )
Coincheck is a Tokyo-based cryptocurrency exchange and digital wallet founded in 2012.
( 22
min )
Dental insurance typically doesn't cover cosmetic procedures, including teeth whitening, Learn what is covered and what your options are when paying for whitening.
( 22
min )
In 2000, the failure to reach a new record high was followed by a 40% drop.
( 23
min )
WDC sold its Milpitas campus. It has some good reasons for raising cash.
( 22
min )
China’s order for officials to avoid using IPhones shouldn’t hurt Apple’s stock, says Evercore ISI.
( 23
min )
We performed a screening of large-cap ETFs - defined as having Assets Under Management (AUM) over $10 billion - to determine what funds had the largest change in net assets on the week, according to data from etfdb.com. Only non-leveraged funds were considered. Winners Vanguard S&P 500 ETF (NYSEARCA: VOO) VOO added $3.49 billion in net assets over the trailing week. The Vanguard S&P 500 ETF invests in stocks in the S&P 500 Index, representing 500 of the largest U.S. companies. Its goal is to clo
( 33
min )
The dating app told employees last month they had to work from an office twice a week.
( 29
min )
Guyana's meteoric rise as a significant oil producer is reshaping global energy markets, challenging OPEC Plus's dominance, and bolstering its economy.
( 34
min )
Kraft Heinz, Kellogg, General Mills, and other leading snack makers could serve up gains of 20% or more. Their healthy dividends are a plus.
( 23
min )
Whether or not Ripple violated securities law in making XRP available to retail investors by putting it on crypto exchanges is absolutely a question that needs appeals court intervention, the U.S. Securities and Exchange Commission (SEC) argued Friday.
( 32
min )
Just months after leaving the White House in 2021, Jared Kushner secured a $2 billion investment from a Saudi crown prince-led fund, despite objections from the fund’s advisers about the deal. A panel that screens investments for the Saudi sovereign wealth fund expressed concerns about Kushner’s new private equity firm, Affinity Partners. According to The New York Times, they cited issues like the firm’s inexperience, the possibility of the kingdom bearing most of the investment risk, unsatisfac
( 32
min )
Throughout 2022, consumer staples were a safe haven for investors seeking refuge from market volatility and high inflation.
( 23
min )
Apple stock dropped more than 6% over Wednesday and Thursday. Scary, but shares are at support now. That's good for near-term trading.
( 22
min )
(Bloomberg) -- People on Wall Street have taken potshots at tech stocks all year. Surging valuations and elevated interest rates doom them. Earnings forecasts are a fantasy. Regulators are set to break up their sprawling monopolies. Most Read from BloombergEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-Car Uprising Headed for the USUS Probes Made-in-China Chip as Tensions Flare Over Techn
( 34
min )
(Bloomberg) -- Argentina was ordered to pay at least $8.4 billion in damages and $7.6 billion in interest in a US lawsuit over its 2012 re-nationalization of state oil company YPF SA, a sharp blow as the Latin American country’s financial situation has grown increasingly precarious.Most Read from BloombergEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsUS Probes Made-in-China Chip as Tensions Flare Over TechnologyBoss of Failed Crypto Exchange Gets 11,000-Year SentenceHong
( 32
min )
Rampant inflation has been a pressing issue for both the U.S. government and the Federal Reserve. President Biden signed the Inflation Reduction Act into law over a year ago, while the Fed has raised interest rates aggressively to stabilize price levels. But according to Peter Schiff, CEO and chief global strategist at Euro Pacific Capital, these measures have not been effective. “Bidenomics and Fed rate hikes have both failed,” he said in a recent post on X, formerly known as Twitter. Don’t Mis
( 33
min )
The tech stock rally seen for most of the year has been taking a bit of a breather lately. However, considering the huge strides made by the big tech names in 2023, that hasn’t stopped market prognosticators from pondering whether we are entering an AI-fueled tech bubble. So, are we? Well, not according to Peter Oppenheimer, chief global equity strategist at Goldman Sachs. “Current valuations in the technology sector are not as stretched as in previous bubble periods and the ‘early winners’ that
( 35
min )
UPS will likely match FedEx’s rate moves unless labor cost pressures force its hand. The post FedEx keeps rate, surcharge increases relatively modest for ’24 appeared first on FreightWaves.
( 33
min )
The next few days will bring a new iPhone, a federal trial against Google, and the year’s largest IPO—from Arm Holdings.
( 23
min )
Britain’s two busiest airports have detected the crumbling concrete that triggered a political crisis and forced the closure of hundreds of schools.
( 55
min )
The United Auto Workers union on Friday rejected wage and benefit offers from all three Detroit automakers, raising tensions just six days before a strike deadline for 146,000 employees. Union President Shawn Fain told workers in a Facebook Live appearance that he filed proposals from Ford, General Motors and Stellantis in a wastebasket. Negotiations are continuing through the weekend, but Fain warned that if there aren't agreements by 11:59 p.m. Thursday “there will be a strike at all three if need be.”
( 33
min )
Walgreens has agreed to pay $44 million to settle a class-action lawsuit from customers who sued after submitting to faulty blood tests conducted by Theranos.
( 32
min )
Retailers, coffee shops and others said they were losing business because they were unable to process credit-card payments.
( 26
min )
New York Attorney General Letitia James escalated her civil fraud allegations against former President Donald Trump in a new court filing.
( 26
min )
Investors in PennyMac’s fixed-to-floating-rate preferred shares probably didn’t expect the REIT to adhere strictly to the contract when Libor ceased to exist.
( 23
min )
(Bloomberg) -- Bank of America rates strategists abandoned their recommendation to be tactically long 10-year Treasury notes, seeing risk that US economic resilience could drive the yield to 4.75%.Most Read from BloombergEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsUS Probes Made-in-China Chip as Tensions Flare Over TechnologyHong Kong to Ease Shutdown After Record Rain Overwhelms CityBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-C
( 32
min )
Biocept Inc (NASDAQ: BIOC) shares are trading higher after the company signed a non-exclusive licensing agreement for CNSide with Plus Therapeutics Inc (NASDAQ: PSTV), which expands the comprehensive laboratory services agreement between the two companies that was announced in June 2022. Benzinga exclusively broke the story. Plus Therapeutics is using CNSide in a clinical trial with their targeted radiotherapeutic to treat patients with carcinomas and/or melanomas with suspected leptomeningeal m
( 31
min )
(Bloomberg) -- Kroger Co. rose the most in six months after agreeing to sell 413 stores to C&S Wholesale Grocers in a divestiture designed to help win antitrust approval for its $24.6 billion merger with Albertsons Cos.Most Read from BloombergHong Kong to Ease Shutdown After Record Rain Overwhelms CityUS Probes Made-in-China Chip as Tensions Flare Over TechnologyApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsBoss
( 34
min )
A House panel has passed a bill that would temporarily expand the standard tax deduction used by the majority of taxpayers by $2,000 per person for the next two years. The Tax Cuts for Working Families Act (H.R.3936) recently approved by … Continue reading → The post Temporary Tax Plan Could Boost Your Standard Deduction By Up to $4,000 appeared first on SmartAsset Blog.
( 32
min )
Grocers Kroger and Albertsons are selling more than 400 stores and other assets to C&S Wholesale Grocers in an approximately $1.9 billion deal as part of their efforts to complete their merger. Kroger will also divest the Debi Lilly Design, Primo Taglio, Open Nature, ReadyMeals and Waterfront Bistro private label brands. Kroger and Albertsons agreed to merge in October.
( 32
min )
Shares of VinFast fell early Friday, extending some of the steep losses seen since a run-up that made the EV company one of the world's most highly valued automakers.
VinFast stock was recently down about 3%. It closed Thursday at $17.99, off substantially from its high just above $82 on Aug. 28.
( 23
min )
Adobe upgraded, DigitalOcean double downgraded: Wall Street's top analyst calls
( 34
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The best investors will often tell you that one vital ingredient for stock market success is an overlooked and underappreciated one: patience. With this year’s bull market appearing to stall, billionaire stock picker Ken Fisher reminds investors that it’s a quality needed to weather the more difficult periods, which are also a natural component of any bull market. “Volatility isn’t a flaw in this bull market. It is a feature of all bull markets, which proverbially climb a ‘Wall of Worry,’” the F
( 35
min )
(Bloomberg) -- Private credit lenders are just getting started in the world of consumer and asset based finance, according to Rob Camacho, Blackstone Inc.’s co-head of asset based finance within the firm’s Structured Finance Group.“Today, we are a very small portion of the whole asset based finance market,” he said in an interview. “There’s a lot of room to run.”Camacho spoke over a series of interviews that ended on Sept. 6. Here are some highlights of the conversation, which have been condense
( 34
min )
The euro has broken down during the course of the week, as traders have come back from the holiday season and made a statement.
( 32
min )
RBC analyst Chris Dendrinos launches coverage of ChargePoint stock with a Buy rating and a $9 price target.
( 23
min )
🔎 Apple (AAPL): The tech giant's stock held broadly steady premarket, after the company shed nearly $190 billion in market value over the past two days. [The Wall Street Journal reported](https://www.wsj.com/world/china/china-bans-iphone-use-fo
( 23
min )
Some questions still remain: Where will the business be headquartered? What is the state doing to keep it here? How is current litigation impacting the spinoff?
( 20
min )
Apple shares were inching up Friday after worries about a ban on iPhone use by Chinese government officials hit the stock. Wall Street analysts are assessing the likely direction for the rest of the year.
( 23
min )
ICE's Jeff Sprecher is crusading to modernize the painfully slow home loan loop that typically takes around two months and costs about $8,000.
( 35
min )
Apple lost $200 billion in value following reports that Beijing may limit iPhone use in government departments and state-owned enterprises.
( 34
min )
FASB accounting rule changes should help companies that hold digital assets to eliminate the poor optics that have been created by impairment losses, the report said.
( 32
min )
China's passenger vehicle sales jumped 2.2% in August from a year earlier, data from the China Passenger Car Association (CPCA) showed on Friday. Car sales totalled 1.94 million units last month. Sales were up 1.8% at 13.38 million units in the first eight months of the year.
( 30
min )
Stocks with steadily growing payouts have trailed the market as investor have flocked to growth shares and locked in higher bond yields.
( 23
min )
Walgreens shares have lost two-thirds of their value over the past five years. The problems are wide-ranging.
( 23
min )
(Bloomberg) -- The offshore yuan weakened toward its lowest on record against the dollar, as a cut to the daily reference rate for the managed currency stoked bets China is comfortable with a gradual depreciation.Most Read from BloombergApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsTrudeau Says There’s No Room for Political Rapprochement With ChinaChina Seeks to Broaden iPhone Ban to State Firms, AgenciesTraders Shun Risk Amid Apple’s $190 Billion Rout: Markets WrapSoaring US Dolla
( 31
min )
The general public does not know this yet, but there is no longer any doubt that a Bitcoin spot ETF will come to the US market, writes Charlie McGlynn of XREX. It's just a matter of when.
( 35
min )
Shares in Taiwan's TSMC, a major Apple supplier, dropped around 1% on opening on Friday after reports that China has widened curbs on iPhone use by state employees. The broader index was down around 0.4%.
( 31
min )
Bitcoin rose Friday morning in Asia to above US$26,000, leading a rally across most top 10 cryptos. Ether gained but was still below US$1,650.
( 32
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Fabrikant van straalmotoren CFM International meldt dat 68 van zijn motoren vervalste onderdelen van het louche Britse bedrijf AOG Technics bevatten. Het gaat om CFM56-motoren die gemonteerd zijn op type vliegtuigen die het grootste deel uitmaken van de mondiale vloot.
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Op de Londense luchthavens Heathrow en Gatwick is hetzelfde soort beton aangetroffen waardoor eerder ruim honderd Britse scholen moesten sluiten. Dat gebeurde uit vrees voor de veiligheid. Het lichte RAAC-beton blijkt namelijk minder lang mee te gaan dan gedacht.
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Barclays bereidt zich voor om volgende week honderden banen te schrappen om kosten te besparen. Dat melden ingewijden aan persbureau Bloomberg. Het zou onder meer gaan om ongeveer 5 procent van het personeel dat zich met klanten bezighoudt binnen de handelstak van de Britse bank.
( 3
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Schiphol test een apparaat uit dat ultrafijnstof uit de lucht moet halen, schrijft Het Parool. De luchthaven zegt naar schonere lucht te streven, zodat werknemers gezond hun werk kunnen doen.
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Met een investering van 500 miljoen euro wordt de Nederlandse Staat aandeelhouder van netwerkbedrijf Stedin. Dat moet de energiezekerheid ten goede komen.
( 3
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De Belastingdienst moet de werkelijke opbrengst belasten van bijvoorbeeld spaargeld, beleggingen en vakantiehuizen. Dat staat in een voorstel van demissionair staatssecretaris Marnix van Rij (Fiscale Zaken) om op een andere manier belasting te heffen op vermogen.
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Big Bazar wil zijn Belgische tak verkopen en zo geld binnenhalen om te kunnen garanderen dat de positie van schuldeisers komende weken niet verslechtert. Op die manier hoopt de koopjesketen de rechter zover te krijgen dat die extra tijd geeft om een dreigend faillissement te voorkomen.
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De term 'fossiele subsidies' duikt de laatste tijd weer regelmatig op. Maar wat hebben miljarden aan misgelopen staatsinkomsten en een A12-blokkade van Extinction Rebellion met elkaar te maken? We zetten de belangrijkste informatie voor je op een rij.
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Er moeten veel meer inzamelpunten komen voor statiegeldblikjes en -flesjes, vindt staatssecretaris Vivianne Heijnen van Milieu. Ze is teleurgesteld over het aantal verpakkingen dat nu wordt ingenomen.
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Handelsprijzen voor basisvoedsel zoals graan, zuivel en vlees daalden in augustus naar het laagste punt sinds maart 2021. Dit komt onder meer door gunstige oogsten. De daling kan voordelig uitpakken voor de prijs van onze boodschappen.
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Het aanvragen van een bouwvergunning kost in de ene gemeente soms wel 10.000 euro meer dan in de andere. De Vereniging Eigen Huis (VEH) stoort zich aan het grote verschil.
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Techgigant Apple is op de beurs in twee dagen tijd 190 miljard dollar (177 miljard euro) minder waard geworden. De daling komt door berichten dat Chinese ambtenaren geen gebruik meer mogen maken van iPhones.
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Op NU.nl vind je elke dag een stelling die bij het nieuws past. Frankrijk introduceert net als Duitsland een ov-kaart voor een vast bedrag per maand. Reizigers kunnen vanaf volgende zomer voor ongeveer 50 euro een pas kopen waarmee ze een maand lang met de trein kunnen reizen. Vandaag is daarom de stelling: Met een goedkoper ov-abonnement pak ik minder snel de auto. Breng je stem uit en discussieer mee.
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Nu de vakantie voorbij is stromen de snelwegen weer vol met auto's. Vooral op dinsdag- en donderdagochtend staat Nederland vast. Waarom doen we dat onszelf aan?
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Nu de vakantie voorbij is stromen de snelwegen weer vol met auto's. Vooral op dinsdag- en donderdagochtend staat Nederland vast. Waarom doen we dat onszelf aan?
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When BMW started charging an $18 per month subscription for heated seats in 2022, the backlash was swift and brutal. Customers banded together, urging others not to encourage this type of behavior from automakers, lest it open the door to more perceived avariciousness. Customers complained that a subscription for a hardware feature only makes sense if the upfront cost is small or nonexistent -- not when someone has already spent around $50,000 on a luxury car.
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The stock dropped below its IPO price for the first time Thursday. The litigation is at an early stage but seems to be worrying Wall Street.
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Shares of the movie theater firm have fallen 98% from their meme-stock highs of 2021.
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Shares of the EV company fell almost 27% on Thursday, marking a seventh straight session of losses.
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Chris Winfrey says he’s ready to call it quits on live sports entirely, charging that Disney let its own house “burn to the ground.”
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Today's best CD rate is 6.00% from American 1 Credit Union, with available jumbo rates of 5.85% from One America Bank and 5.80% from both Finworth and All In Credit Union.
( 20
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Dividend investing has always been popular, and for good reason. Dividend stocks offer a wide range of advantages for return-minded investors, but two of the most significant are a reliable income stream and an inflation-beating yield. Taken together, these advantages can form the base of a truly sound portfolio. The majority of dividend stocks pay out on a quarterly basis, but turning towards those with a monthly payment schedule allows investors to better plan their income streams to meet thei
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General Motors and Ford on Thursday increased their wage offers to the United Auto Workers (UAW) as the carmakers and Chrysler parent Stellantis attempt to reach an agreement with the union before a Sept. 14 deadline.
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(Bloomberg) -- Brookfield Asset Management Ltd. is exploring the sale of Atlantis Paradise Island Bahamas, and could fetch roughly $2.5 billion for the luxury resort, according to people with knowledge of the matter.Most Read from BloombergHong Kong Shuts Down City After Heaviest Rainfall On RecordApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsTrudeau Says There’s No Room for Political Rapprochement With ChinaChina Seeks to Broaden iPhone Ban to State Firms, Agencies‘Blame the Boome
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(Bloomberg) -- One of Wall Street’s biggest stock-market pessimists dialed back his bearish forecast for the S&P 500 Index.Most Read from BloombergApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsTrudeau Says There’s No Room for Political Rapprochement With ChinaChina Seeks to Broaden iPhone Ban to State Firms, AgenciesHong Kong Shuts Down City After Heaviest Rainfall On Record‘Blame the Boomers’ for Surging House Prices, Barclays SaysGreg Boutle, head of US equity and derivative stra
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Bud Light’s marketing blunder is changing the beer industry landscape. According to “Shark Tank” star Kevin O’Leary, the impact is so unprecedented that he’s pumped to teach the case to business school students. “It’s such an incredible story that it’s becoming what’s called a chestnut case in business schools,” O’Leary said in a recent interview with Fox Business. “Beer is a commodity, the only thing of value is the brand you spent hundreds of millions creating and then to actually lose 25% mar
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CFO Amy Hood also said that the Microsoft 365 copilot software is off to a strong start.
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In the U.S., the full retirement age for Social Security benefits has been incrementally adjusted based on a person's birth year, now reaching 67 for those born in 1960 or later. But many people continue to work well beyond this age. According to data from the U.S. Census Bureau, about 650,000 Americans older than 80 were working last year, representing an 18% increase compared to a decade ago. Nearly 50% of those 650,000 Americans worked full time. Don't Miss: This REIT just teamed up with the
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Shares of ChargePoint plummeted to an all-time low as the provider of charging stations for electric vehicles reported worse-than-expected results and announced a restructuring.
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General Motors said Thursday it has offered workers a 10% wage hike and two additional 3% annual lump sum payments in its offer to the United Auto Workers union ahead of the Sept. contract expiration. The Detroit automaker said the wage hike is the largest proposed since 1999.
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Comcast and Disney agreed to speed up the timeline for the streaming service the jointly own.
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Covid is back in the headlines again. Turns out first lady Jill Biden has tested positive for Covid-19, albeit suffering only from “mild symptoms.” Meanwhile, President Joe Biden’s test results have come back as negative. But it’s not only at the White House where the coronavirus is making an unwelcome return. On the back of an upward curve that started toward the end of July, over the past week, Covid hospitalizations have witnessed a 16% uptick in the US. The spike comes against a backdrop of
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Eli Lilly and Denmark's Novo Nordisk are expected to roughly split the market for weight-loss drugs, both as diabetes and obesity treatments.
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UiPath shares surged after the company reported rising revenue and boosted its full-year outlook as demand for its artificial intelligence software jumped.
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According to documents reviewed by the Journal, the retail bellwether changed its wage structure for hourly workers in mid-July. The change in pay structure allows workers to move between work groups such as food, registers, stocking or digital fulfillment without pay impacts, the report added, citing the documents given to some store workers. Walmart did not immediately respond to a Reuters request for comment.
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Since early last year, for some 18 months now, the Federal Reserve has increased interest rates from near-zero to more than 5.5%. The move has tightened access to both capital and credit, effectively reducing the money supply – the classic response to persistent high inflation. Their efforts have borne some fruit, as the pace of inflation has slowed, in just over a year, from over 9% annually to 3.2% in the most recent data. The dramatic shift from more than a decade of loose money and low rates
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The recent trend of sagging share prices for market leaders is extending into Thursday morning, and it’s not just Apple.
The PHLX Semiconductor Sector index dropped 3% shortly after the opening bell, while individual chip stocks are prominent among S&P 500 laggards.
Nvidia recently fell 3.3%
Q
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Dell downgraded to Sell, McDonald's upgraded: Wall Street's top analyst calls
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The stock has been hit by concerns over a ban on iPhone use by Chinese government officials. Analysts are weighing in on what comes next.
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Wednesday evening, ChargePoint reported a per-share loss of 24 cents from $150.5 million in sales. Wall Street was looking for a 13-cent loss and about $153 million in sales.
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Apple suppliers and companies with large China exposure including Broadcom, Qualcomm and Texas Instruments fell between 1.2% and 2.8%. The iPhone maker's drop also pulled down the three main U.S. stock indexes. Reuters reported earlier in the day that Beijing told employees at some central government agencies in recent weeks to stop using their Apple mobiles at work.
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AMC Entertainment shares were down around 4% in premarket trading, falling further after closing at a record low Wednesday.
The movie theater
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Ford Motor Co said about 8,000 U.S. workers represented by the United Auto Workers union will get an average $4.33 an hour in additional pay under provisions of the current contract agreed in 2019. Ford announced the pay increases as talks with the UAW for a new contract are headed for a Sept. 14 strike deadline. The union has rejected Ford's recent wage increase proposals as inadequate.
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(Bloomberg) -- Apple Inc. shares tumbled in premarket trading Thursday, on track to wipe out $194 billion of market value in just two days, as China plans to expand a ban on the use of iPhones to government-backed agencies and state companies. Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackStocks Retreat After Hot ISM Fuels Fe
( 32
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Wednesday evening, ChargePoint reported a per-share loss of 24 cents from $150.5 million in sales. Wall Street was looking for a 13-cent loss and about $153 million in sales.
( 22
min )
Even with generous green subsidies, offshore wind projects are being called off as developers struggle to make a profit.
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UiPath's quarterly revenue beats expectations but Wall Street analysts are still concerned about how artificial intelligence will affect the automation market.
( 23
min )
C3.ai withdraws its forecast that it would reach profitability on an adjusted basis by the end of fiscal 2024, GameStop reports a narrower-than-expected adjusted second-quarter loss, and UiPath's adjusted earnings beat analysts' estimates.
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min )
With NFL and college football season just around the corner, Spectrum subscribers may look for new ways to cheer for their favorite teams.
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(Bloomberg) -- Shares in Asia were broadly lower Thursday while the dollar strengthened further against major currencies as investors increased bets for further Federal Reserve policy tightening.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataStocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets WrapSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackTexas Teeters on Edge
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In a sector bursting with bargains, Avista—down more than 25% this year—is particularly cheap. It trades for about 13.7 times earnings, its lowest multiple in more than 10 years.
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min )
The maker of inverters is fast becoming a supplier of full-home energy management.
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(Bloomberg) -- China plans to expand a ban on the use of iPhones in sensitive departments to government-backed agencies and state companies, a sign of growing challenges for Apple Inc. in its biggest foreign market and global production base.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataStocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets WrapSoaring US Dollar Raises Alarm as China, J
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(Bloomberg) -- In scorching summer heat, Renier Swiegers marches through the desert toward a drilling rig. He’s not looking for oil, the dynamo of Saudi Arabia’s economy the past 80 years, though. It’s another potential source of wealth and influence the kingdom now has its eye on.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataStocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets WrapSo
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Wie een huis huurt in de vrije sector betaalt gemiddeld 4,5 procent meer dan een jaar geleden. Bij sociale huur waren de verhogingen minder sterk.
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min )
Philips heeft in de Verenigde Staten een schikking getroffen met klanten die gebruik hebben gemaakt van defecte slaapapneuapparaten. Het concern maakte eerder dit jaar al 575 miljoen euro vrij voor deze schadevergoedingen.
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min )
Onder het grondpersoneel van KLM heerst flinke onrust. De luchtvaartmaatschappij wil namelijk niet ingaan op de looneis van 14,3 procent.
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min )
Philips heeft in de Verenigde Staten een schikking getroffen met klanten die gebruik hebben gemaakt van defecte slaapapneu-apparaten. Het concern maakte eerder dit jaar al 575 miljoen euro vrij voor deze schadevergoedingen.
( 3
min )
De opening van Lelystad Airport voor passagiersvluchten wordt opnieuw uitgesteld. Minister Mark Harbers (Infrastructuur) wilde waarschijnlijk volgend jaar een besluit nemen, maar dat is niet meer aan de orde.
( 3
min )
Sommige energieleveranciers bieden nog steeds vaste contracten aan met tarieven boven het prijsplafond. Toezichthouder ACM waarschuwt consumenten dan ook om er rekening mee te houden dat het prijsplafond op 1 januari verdwijnt.
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min )
We stappen iets minder snel over naar een nieuwe baan vanwege de economische onzekerheid in ons land. Ook is de groei van het aantal zzp'ers de laatste tijd afgevlakt.
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min )
Japan heeft een raket gelanceerd met een telescoop die onderzoek gaat doen naar het ontstaan van het universum. Het Nederlandse ruimte-instituut SRON heeft daaraan meegewerkt. Ook wil Japan een maanlander naar het maanoppervlak brengen.
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Japan heeft een raket gelanceerd met een telescoop die onderzoek gaat doen naar het ontstaan van het universum. Het Nederlandse ruimte-instituut SRON heeft daaraan meegewerkt. Ook wil Japan een maanlander naar het maanoppervlak brengen.
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min )
Japan heeft een raket gelanceerd met een telescoop die onderzoek gaat doen naar het ontstaan van het universum. Het Nederlandse ruimte-instituut SRON heeft daaraan meegewerkt. Ook wil Japan een maanlander naar het maanoppervlak brengen.
( 4
min )
Slechts 1,1 procent van de koophuizen is bereikbaar voor alleenstaande starters met een modaal inkomen. Dat is net zo weinig als vorig jaar. Voor tweeverdieners is de situatie wel verbeterd.
( 5
min )
We stappen iets minder snel over naar een nieuwe baan vanwege de economische onzekerheid in ons land. Ook is de groei van het aantal zzp'ers de laatste tijd afgevlakt.
( 5
min )
Door de hoge stroomprijzen gaan mensen met elektrische auto's steeds meer op zoek naar manieren om de laadkosten te drukken. Dat staat in het jaarlijkse Nationaal Laadonderzoek, uitgevoerd door Rijksuniversiteit Groningen.
( 4
min )
If your goals include a big paycheck and working for a Wall Street firm, then you need to learn how to meet employers' expectations.
( 19
min )
Today's best CD rate is 6.00% from American 1 Credit Union, with available jumbo rates of 5.85% from One America Bank and 5.80% from both Finworth and All In Credit Union.
( 19
min )
Most of those who don't believe they will ever be able to own cited a lack of affordability as the reason, with about half saying high home prices are keeping them from buying.
( 17
min )
General Motors and Ford on Thursday increased their wage offers to the United Auto Workers (UAW) as the carmakers and Chrysler parent Stellantis attempt to reach an agreement with the union before a Sept. 14 deadline.
( 18
min )
US equities fell, with the S&P 500 Index slipping 0.3% on Sept. 7, 2023, its third straight decline, on concerns about rate hikes, pressure on tech companies from China.
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min )
Shares of C3.ai tumbled on Thursday after the enterprise AI application software maker warned it won’t turn profitable as quickly as anticipated as it spends more on the booming technology.
( 17
min )
Microtransactions have changed the economics of video games by making it possible for gaming companies to generate massive added revenue as games are played.
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min )
Cementos Argos, Summit Materials $3.2 billion combination to create one of the biggest US suppliers of cement and ready-mix.
( 17
min )
If you're a brokerage or robo-advisor customer, you may be able to earn a high rate on your uninvested cash. But you can likely earn more with a high-yield savings account.
( 18
min )
Balance transfers and personal loans can help improve your finances, but they are different products. A balance transfer focuses on moving your debt from one creditor to another, usually for a lower interest rate, while a personal loan is a new debt.
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min )
Life insurance is a contract in which an insurer, in exchange for a premium, guarantees payment to an insured’s beneficiaries when the insured dies.
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min )
Deposits at FDIC-insured banks were down for the fifth straight quarter, while net income fell by double digits, the FDIC's latest Quarterly Banking Profile showed.
( 17
min )
Fourth World is an outdated term that refers to the most underdeveloped, poverty-stricken, and marginalized regions and populations of the world.
( 19
min )
The Reserve Bank of India (RBI) prints and manages currency in India, whereas the Indian government regulates what denominations to circulate.
( 19
min )
See a full overview of PNC savings account interest rates. Compare PNC Bank to top competitors and find the right savings account for your financial needs.
( 22
min )
After a two-week dip, 30-year mortgage rates have surged back to their priciest level since 2001. Rates rose for most other loan types as well, while a few averages were flat.
( 18
min )
A floating exchange rate is a regime where a nation's currency is set by the forex market through supply and demand. The currency rises or falls freely.
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min )
The State Employees’ Credit Union (SECU) is a nonprofit financial institution owned by employees of the State of North Carolina.
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min )
Business owners are optimistic about the future of their business despite predictions of recession, according to PNC semi-annual survey.
( 17
min )
Shares of ChargePoint plummeted to an all-time low as the provider of charging stations for electric vehicles reported worse-than-expected results and announced a restructuring.
( 17
min )
China's iPhone ban for government officials probably will have little impact on Apple, as the banned devices are a fraction of expected sales there in the next year.
( 17
min )
UiPath shares surged after the company reported rising revenue and boosted its full-year outlook as demand for its artificial intelligence software jumped.
( 17
min )
GameStop posted a narrower-than-expected loss for the quarter that ended in July thanks to strong demand for video games and growth in digital sales, amid a turnaround effort after a leadership shakeup this summer.
( 19
min )
Australia's securities regulator is suing PayPal for a contract term that it says is unfair to small businesses.
( 17
min )
From the end of World War II until around 1971, all countries in the IMF pegged their currencies to the U.S. dollar. Today, many still do.
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min )
Learn techniques for emphasizing your CFA Level I status in the Skills and Certifications or Professional Development section of your resume.
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min )
Forex (FX) is the market for trading international currencies. The name is a portmanteau of the words foreign and exchange.
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A morning star is a bullish candlestick pattern in a price chart. It consists of three candles and is generally seen as a sign of a potential recovery following a downtrend.
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min )
90/10 is an investment strategy proposed by Warren Buffett that deploys 90% of investment capital to S&P index funds and 10% to lower-risk investments.
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min )
Take a brief look at some of the major arguments for and against balancing the budget and high debt levels for the U.S., the largest debtor in the world.
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min )
A bond's yield to maturity is the total interest it will earn, while its spot rate is the price it is worth at any given time in the bond markets. Here's why a bond's spot rate fluctuates even though its interest rate is set.
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min )
Markets are down today, and a series of related factors is exerting pressure. First, investors are concerned about a possible resurgence in the rate of inflation, which is directly linked to the second fear. This fear arises from rising oil prices, driven by the Russian-Saudi agreement to extend their oil production cuts until December of this year. Finally, with oil prices approaching $90 per barrel, the cost of gasoline is rising in the US markets, even though the summer driving season has com
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min )
(Bloomberg) -- For Dhiraj Bajaj, the sudden twists and turns were unlike any he'd ever seen in his two decade investing career.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderStocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets WrapFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsFirst, Dalian Wanda G
( 36
min )
(Bloomberg) -- John Paulson was sued by his longtime business partner in Puerto Rico, who alleges the hedge fund billionaire made fraudulent claims to convince him to invest $17 million in a luxury automobile dealership on the island.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackStocks Retreat After Hot ISM Fuels Fed-Hike Wag
( 32
min )
Four analysts polled by LSEG expect BlackBerry to report sales of $156.9 million. "Given the product mix, delays in closing certain large deals are expected to impact revenue recognized in the quarter," said BlackBerry's Executive Chair and CEO, John Chen. In August, media reports said private equity firm Veritas Capital made an offer to buy BlackBerry, months after the Canadian company began a strategic review.
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min )
While July quarter results topped estimates, the AI company sees mounting losses ahead.
( 22
min )
Deutsche Bank analyst Emmanuel Rosner met with management at a conference connected to the Munich Auto Show.
( 23
min )
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Apple (AAPL) shares fell 4% Wednesday on a report China banned its government officials from using the company's iPhones for work, as part of Beijing's effort to reduce its reliance on foreign technology and strengthen cybersecurity.
( 19
min )
The company said it will deliver fewer of the fighter planes this year than management had told investors to expect on a call to discuss its results.
( 23
min )
Musk posted the bleak financial assessment as part of a rant against the ADL.
( 32
min )
(Bloomberg) -- US regional banks may need to raise significant amounts of additional debt to comply with new regulatory requirements, but the extra capital might not be enough to prevent future failures, according to research published Wednesday.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataStocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets WrapSoaring US Dollar Raises Alarm as Chin
( 33
min )
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Lockheed Martin warned it will deliver fewer F-35 jet fighters this year than expected, and that the first of its updated Technology Refresh (TR-3) jets won’t be ready until next year.
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min )
GameStop beat Wall Street estimates for second-quarter revenue on Wednesday, buoyed by demand for videogames, collectibles and consoles. The company reported revenue of $1.16 billion for the quarter ended July 29, up from $1.14 billion a year earlier. Analysts on average had estimated $1.14 billion, according to three analysts polled by LSEG.
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min )
T-Mobile US said it will start paying shareholders a regular dividend starting later this year, joining peers like AT&T and Verizon.
The Bellevue, Wash., company said Wednesday it will authorize another $19 billion in payments to shareholders from the fourth quarter through the end of 2024. The pay
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min )
T-Mobile will join telecom peers AT&T and Verizon Communications by starting to pay a dividend. The stock will yield around 1.9%.
( 23
min )
"Would Nvidia's popping bring down the whole market? "It's very possible," the Research Affiliates founder, Rob Arnott, said.
( 32
min )
The United Auto Workers union on Wednesday plans to make a labor contract counterproposal on economic issues to Ford Motor, a source told Reuters. Ford said last week it had offered a 9% wage increase through 2027, much less than the 46% wage hike being sought by the union. The UAW expects to receive a proposal from General Motors on Thursday, added the source, who spoke on condition of anonymity.
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(Bloomberg) -- There’s little that can dent the world’s top performing stock this year, not even its founder being sent to prison for insider trading.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsS&P 500 Drops 1% as Hot ISM Fuels Hawkish Fed Bets: Markets Wr
( 34
min )
Rob Arnott, a quantitative-investing pioneer known for steering investors out of complacency, says the chip maker is “a great company priced beyond perfection.”
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min )
“The timing could not be worse,” the Wedbush Securities analyst wrote about what he considers a “very likely” work stoppage.
( 33
min )
Legendary investor Warren Buffett celebrated his 93rd birthday on Aug. 30. While many might imagine lavish celebrations and extravagant gifts for someone of his stature, Buffett has a unique perspective on birthdays and aging. Despite accumulating wealth at an incredible rate, earning an estimated $3.5 million every day of his life when you divide his total net worth by the number of days he's been on Earth, he says he dreads birthdays and the thought of growing older. Don't Miss: Until 2016 it
( 33
min )
Wayne Griffiths has enjoyed tremendous success with his upstart brand, but the true test is whether he can sell Americans on Cupra.
( 34
min )
(Bloomberg) -- Apple Inc. suffered its worst stock decline in a month following a report that Chinese government agencies have barred staff from using the iPhone and other foreign-branded devices at work.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei T
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Dominion Energy's sale of its three natural gas distribution companies to Canada-based pipeline operator Enbridge creates the largest natural gas utility in North America.
( 18
min )
Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.
( 34
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Not long ago, data was being touted as the “new oil,” while in some quarters that epithet has been bestowed at times on copper, or even, fresh water. However, according to a statement made by Elon Musk, “lithium batteries are the new oil.” That is maybe not such a surprising take, given lithium forms a crucial part in the rechargeable battery tech required to power EVs. While Tesla sources its lithium from several producers of the element, it is planning to also have its lithium production done
( 35
min )
Deutsche Bank analyst Emmanuel Rosner met with management at a conference connected to the Munich Auto Show.
( 22
min )
The brewer has taken a huge financial hit from a boycott of Bud Light following a promotion with transgender influencer Dylan Mulvaney.
( 32
min )
Shares of AMC Entertainment traded sharply lower Wednesday morning after the company announced a plan to sell up to 40 million common shares.
The stock was down 21% at $10.71.
AMC said it plans to use the proceeds to bolster liquidity and repay debt, among other things. The announcement follows th
( 22
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(Bloomberg) -- Treasury yields climbed Wednesday — some to the highest levels in a week — as traders priced in higher odds of a Federal Reserve interest-rate increase this year after a gauge of service-sector activity was stronger than anticipated.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Brea
( 30
min )
Workers who are assigned to an office will be required to be work out of that workplace three days a week.
( 19
min )
The entertainment giant plans to use potential net proceeds from the sale 'to bolster liquidity' and deal with its debt.
( 22
min )
U.S. weapons maker Lockheed Martin on Wednesday cut its delivery outlook for its F-35 jets, and delayed deliveries of its updated Technology Refresh 3 (TR-3) jets. Lockheed said in a filing it expects to deliver 97 aircraft in the year, down from its prior outlook of between 100 and 120 jets. Bethesda, Maryland-based Lockheed added it expects to deliver its first TR-3 jet between April and June next year.
( 31
min )
Constellation Brands upgraded, Block downgraded: Wall Street's top analyst calls
( 34
min )
The move to acquire East Ohio Gas, Questar Gas, and Public Service Co of North Carolina will make Enbridge the largest gas utility by volume in North America, with the unit accounting for a bit less than a fourth of the company's overall business mix. Morningstar analysts called the deal a "defensive move". "Despite the size of the transaction, Enbridge is leaving its 5% annual EBITDA growth expectation over the medium term, which suggests to us that the earnings contribution is replacing weaker results on the liquids side of the business," Morningstar analyst Stephen Ellis wrote in a note.
( 31
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It's clear that the third quarter is still going to be a bumper one, or even a record one, for the airline industry. But investors are worried about the months ahead and they now have another reason to be concerned.
( 22
min )
I’m 49 years old and I’ve had a steady job for over 15 years now as a government contractor. I plan to retire at around 65. I have $500,000 in savings between my 401(k), IRA and individual savings accounts. I’m renting, I don’t have any debt and I have a small family of three. I’m […] The post Ask an Advisor: I’m 49 With $500k in Savings But ‘I’m Concerned’ About Retirement Income and Annuities Are ‘Too Expensive.’ What Are My Options? appeared first on SmartReads by SmartAsset.
( 33
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Roku is cutting about 10% of its workforce, or 360 people, and it will limit new hiring as it cuts costs to stem a series of quarterly losses. The streaming platform also said in a regulatory filing Wednesday that it expects adjusted third-quarter revenue of between $835 million and $875 million, which is much better than the $828.6 million that Wall Street was projecting, according to analysts polled by FactSet. The Silicon Valley company also expects impairment charge of $160 million to $200 million in its third quarter as it consolidates some offices.
( 32
min )
Will millions of tax filers and small business owners trust personalized advice from A.I.? CEO Sasan Goodarzi is betting the future of his company that they will.
( 35
min )
The streaming platform also projected fiscal third-quarter results ahead of its prior guidance.
( 25
min )
The Bank of Russia will try to prop up the struggling rouble as Vladimir Putin’s regime desperately tries to counter Western sanctions.
( 47
min )
↘️ Apple (AAPL): Shares edged lower premarket after The Wall Street Journal reported that China had ordered central-government officials not to use iP
( 22
min )
Musk repaid the loan in November, and it's not clear why it was taken.
( 22
min )
German automakers under heavy pressure from Chinese competition are speeding up their transition to electric vehicles, enabling partnerships with the likes of EV startup Xpeng, its CEO Brian Gu said in an interview on Wednesday. "It is perhaps the darkest moment for German automakers but I also feel their strongest determination ever to change at the IAA," Gu said on the sidelines of Munich's IAA car show. Chinese EV startups need to leverage German automakers' scale, branding and investments to lower costs and survive, said Gu.
( 32
min )
Amazon could face an antitrust case which advocates breaking up the company, according to The Wall Street Journal. That might not be such a bad thing for shareholders.
( 22
min )
(Bloomberg) -- An increasingly stretched global refining system means fuel-price volatility is set to become more common, according to top oil executives.Most Read from BloombergChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapUnited Airlines Resumes US Flights After Temporary Grounding o
( 31
min )
Investors were digesting a raft of tech and software company earnings ahead of the open Wednesday.
( 23
min )
(Bloomberg) -- The greenback rose for a second day as a rally in oil reignited concerns over inflation, putting pressure on policymakers to keep rates high. Most Read from BloombergChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapUnited Airlines Resumes US Flights After Temporary Groundin
( 34
min )
Toyota thinks the world outside of Japan may finally be ready to embrace its six-figure superluxury flagship car.
( 25
min )
(Bloomberg) -- A renewed advance in the dollar is sending Asian currencies to multi-month lows while prompting authorities in China and Japan to step up defense of their beleaguered exchange rates. Most Read from BloombergChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapUnited Airlines Re
( 32
min )
JPMorgan said "de-dollarization risk for Western economies mostly relates to inflation and their debt burden."
( 32
min )
(Bloomberg) -- Japan issued its strongest warning over sharp currency movements in weeks after the yen set a fresh 10-month low against the dollar overnight.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapUnited Airlines Resumes US Flights After Temporary Groundin
( 32
min )
A financial roadmap for making the most of your cash while staying on track with your short and long term money goals.
( 22
min )
After a shaky August for the markets, we have now entered the year’s final third and the bad news is that, going by the history books, September represents the market’s worst month of the year. The good news, however, is that according to Oppenheimer’s head of technical analysis, Ari Wald, any anticipated lull will be short-lived. “The key takeaway in our work is that, whether or not the advance is resuming imminently, it should only be a matter of time,” Wald recently said. “The Russell 2000’s
( 35
min )
C&S, which has partnered with SoftBank Group for the transaction, could announce a deal as soon as this week to acquire most or all of the stores they are unloading for antitrust reasons, the report said, adding that it is unclear how many stores C&S will acquire or how much it is paying for them. Kroger, Albertsons, C&S and SoftBank did not immediately respond to Reuters' request for a comment.
( 32
min )
Het aantal Nederlandse uitwonende studenten is gedaald van 53 procent in 2015 naar 44 procent dit jaar. Dat is een gevolg van het groeiende tekort aan studentenwoningen en de invoering van het leenstelsel. En de situatie wordt mogelijk nog zorgwekkender.
( 5
min )
Nederland is de grootste importeur van zonnepanelen ter wereld, waarbij 89 procent uit China komt. Ongeveer 60 procent van onze ingevoerde zonnepanelen wordt wel meteen weer doorgevoerd naar andere landen.
( 4
min )
Zes grote techbedrijven zijn bestempeld als aanbieders van zúlke machtige diensten, dat consumenten er bijna niet omheen kunnen. Deze bedrijven moeten in de EU aan strengere regels voldoen, zodat ze op de juiste manier met hun verantwoordelijkheden omgaan.
( 5
min )
Mannen met een Marokkaanse achternaam worden nog altijd gediscrimineerd als ze een huurhuis zoeken. Vrouwen, Poolse mannen en homoseksuelen lijken minder problemen te ondervinden.
( 4
min )
Zorgmedewerkers die in de eerste maanden van de coronapandemie het postcovidsyndroom opliepen tijdens hun werk, kunnen vanaf 25 september een tegemoetkoming van 15.000 euro aanvragen. Vakbond FNV vindt dat bedrag veel te laag en stoort zich aan de strenge voorwaarden.
( 4
min )
Zorgmedewerkers die in de eerste maanden van de coronapandemie het postcovidsyndroom opliepen tijdens hun werk, kunnen vanaf 25 september een tegemoetkoming van 15.000 euro aanvragen. Vakbond FNV vindt dat bedrag veel te laag en stoort zich aan de strenge voorwaarden.
( 4
min )
Zweedse criminele bendes misbruiken Spotify om geld wit te wassen, meldt Svenska Dagbladet dinsdag op basis van eigen onderzoek. Rappers verbonden aan criminele netwerken boeken op de streamingdienst zogenaamd grote successen met veel luisteraars.
( 3
min )
Ons internet thuis wordt jaarlijks duurder, maar ook sneller. Ziggo kondigde maandag aan dat al zijn klanten in oktober hogere internetsnelheden krijgen. Maar hoe snel moet je internet eigenlijk zijn? Aan 200 megabit heb je volgens een expert meestal genoeg.
( 3
min )
De Oekraïense economie is in de eerste zeven maanden van dit jaar een klein beetje gegroeid. De economie van het land laat sneller herstel zien van de oorlogsschade dan verwacht, meldt het Oekraïense ministerie van Economische Zaken.
( 4
min )
Door een storing in de bussen van Arriva hebben reizigers woensdag niet kunnen in- en uitchecken met hun ov-chipkaart. De storing is in veel bussen opgelost. Alleen in Noord-Nederland en Limburg kunnen passagiers er nog mee te maken krijgen.
( 3
min )
De Duitse industrie heeft in juli bijna 12 procent minder orders binnengekregen dan een maand eerder. Al langere tijd hebben industriële bedrijven het moeilijk in Duitsland, de grootste economie van Europa en de belangrijkste handelspartner van Nederland.
( 3
min )
Door een storing in de bussen van Arriva kunnen reizigers woensdag niet in- en uitchecken met hun ov-chipkaart. De bussen van het ov-bedrijf rijden wel. Passagiers mogen gratis mee zolang de storing duurt.
( 3
min )
Nieuwbouwwoningen worden steeds duurder ten opzichte van bestaande woningen. Ook staan de nieuwe woningen veel langer te koop, blijkt uit cijfers van brancheorganisatie WoningBouwersNL.
( 3
min )
Op NU.nl vind je elke dag een stelling die bij het nieuws past. T-Mobile Nederland heet voortaan Odido. Ook de merknaam Tele2 wordt vervangen door Odido. Op NUjij discussieerden lezers over of de naamsverandering invloed heeft op hun vertrouwen in het bedrijf. Vandaag is daarom de stelling: Bij een naamsverandering moet een bedrijf opnieuw mijn vertrouwen winnen. Breng je stem uit en discussieer mee.
( 2
min )
The Affordable Care Act increases moral hazard by pushing consumers further away from the costs of care. Many argue that health insurance itself is a moral hazard.
( 23
min )
Today's best CD rates are 6.00% from American 1 Credit Union, 5.85% from One America Bank, and 5.80% from Finworth. More than 40 CDs are paying 5.50% or better.
( 20
min )
The Consumer Price Index (CPI) measures inflation, but a comprehensive measurement includes the Producer Price Index (PPI) and the gross domestic product (GDP) deflator.
( 22
min )
Apple (AAPL) shares fell 4% Wednesday on a report China banned its government officials from using the company's iPhones for work, as part of Beijing's effort to reduce its reliance on foreign technology and strengthen cybersecurity.
( 18
min )
PBMs are third-party administrators and negotiators that are essential facilitators in transactions between all moving parts of the health care industry.
( 22
min )
U.S. equities fell for a second straight session on Sept. 6, 2023, with the S&P 500 Index losing 0.7% amid investors' concerns the Federal Reserve isn't done with raising interest rates yet.
( 16
min )
Lockheed Martin warned it will deliver fewer F-35 jet fighters this year than expected, and that the first of its updated Technology Refresh (TR-3) jets won’t be ready until next year.
( 18
min )
AMC shares plunged 36.8% to an all-time low on Wednesday after the movie theater chain operator announced it would sell up to 40 million shares of its Class A common stock.
( 18
min )
The jump in instant transfer fees comes as Robinhood contends with declining active users and increased SEC scrutiny.
( 16
min )
WeWork shares initially jumped after the company announced plans to renegotiate all of its leases and exit underperforming locations, but wary investors dragged the stock back into the red.
( 18
min )
The Keynesian multiplier was introduced in the 1930s to show that government spending creates cycles of increased employment and prosperity.
( 21
min )
The short-term rental service has revolutionized the lodging industry worldwide. But opinions differ on whether that's been entirely for the good.
( 29
min )
Japan and China are taking steps to halt their currencies' recent declines against the strengthening U.S. dollar, but it's not clear their actions can overcome broader economic realities.
( 19
min )
GDP per capitais a metric that breaks down a country's GDP per person and is calculated by dividing the GDP of a country by its population.
( 25
min )
NextGen Healthcare Inc., an Atlanta, GA-based healthcare data provider, has agreed to be acquired by private equity firm Thoma Bravo in a deal valued at $1.6 billion.
( 17
min )
Credit score requirements for personal loans vary by lender, but borrowers with good or excellent credit typically have a better chance of qualifying for the best rates and terms.
( 24
min )
Foreign institutional investors (FIIs) are typically large companies that invest in countries other than where their headquarters are located.
( 24
min )
When buying permanent life insurance, what amount of premium should you pay for the coverage?
( 24
min )
How can you determine the face value of a life insurance policy, and what circumstances can change this value for your heirs?
( 26
min )
While a debt consolidation loan can be a personal loan, business debt consolidation loans are also available. Additionally, there are more kinds of personal loans than just debt consolidation loans.
( 23
min )
The volatility skew is the difference in implied volatility (IV) between out-of-the-money (OTM) options, at-the-money options (ATM), and in-the-money options (ITM).
( 29
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Airlines could take a hit to their profitability in the coming months as fuel costs—one of their biggest expenses—surge, while domestic travel demand peaks.
( 18
min )
Student loans can have an impact on your taxes, including reducing your tax bill if you've been paying interest. Here's what you need to know.
( 22
min )
The top national rate for a high-yield savings account keeps rising, setting record after record. Another jump this week has pushed the top rate even further above 5%.
( 19
min )
A passive investor typically buys index funds or other managed funds. An active investor is often a stock selector or someone who frequently buys and sells securities.
( 23
min )
Inflation is still above the 2% target the Fed is looking to hit, and with economic growth still pressing demand higher, interest rates will need to remain high or even be raised again, Boston Fed President Collins said.
( 18
min )
Gross domestic product is the monetary value of all finished goods and services made within a country during a specific period.
( 39
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Learn how one country's debt crisis can affect other nations, including how currency values, inflation, and output could be affected on a global scale.
( 23
min )
The streaming company is tightening its belt, laying off workers and reducing operational expenses in order to maintain positive momentum.
( 17
min )
Dominion Energy's sale of its three natural gas distribution companies to Canada-based pipeline operator Enbridge creates the largest natural gas utility in North America.
( 17
min )
U.S. equities were down for a second session at midday on Wednesday, Sept. 6, 2023 amid renewed concerns about Fed interest rate hikes.
( 16
min )
Your student loans are assigned to a servicer. Here's what you should know about working with your loan servicer's customer service department.
( 23
min )
Shares of GitLab jumped after the tech firm posted a surprising quarterly profit on soaring sales of its information technology security platform.
( 16
min )
Alphabet's Google tentatively settled a class action suit that accused it of overcharging customers through its Play Store in the U.S.
( 17
min )
Despite the drop in 30-year fixed mortgage rates last week, weekly mortgage applications decreased by 2.9% to the lowest level since December 1996.
( 17
min )
Jobless claims are a statistic reported weekly by the U.S. Department of Labor that counts people filing to receive unemployment insurance benefits.
( 21
min )
Despite how high student loan debt has gotten in the U.S., billions of dollars in Pell Grants still went unclaimed by the high school class of 2022.
( 22
min )
Learn how to start a business offering personal loans, including the pros and cons of starting this type of business.
( 25
min )
Discover ten possible ways individual investors and businesses can potentially profit from an environment of rising interest rates.
( 25
min )
The European Commission on Wednesday designated six tech giants as "gatekeepers" under its Digital Markets Act, one of its most comprehensive efforts yet to rein in big tech.
( 19
min )
The iPhone maker has long relied on Arm's tech for its most popular products, with the current deal extending their partnership to 2040 and beyond.
( 17
min )
If you don’t time your student loan payments carefully, you can easily get burned and end up giving your lender way more money.
( 23
min )
The Bureau of Labor Statistics' employment report is a widely watched indicator of economic well-being that directly influences the market.
( 26
min )
Subscribers are the biggest losers in Charter and Disney's contract dispute regarding cable TV fees—a fight that centers on a model they both hope to abandon.
( 21
min )
Brazil is the eleventh biggest economy worldwide. Its services and industry sectors made up 58.9% and 20.7% of GDP in 2022. Annual GDP growth was 2.9%.
( 23
min )
Unemployment insurance is a benefit for workers who have lost their jobs and meet certain eligibility requirements.
( 28
min )
Diversification is a portfolio theory rooted in the idea that anyone who puts all their money in one company or industry is flirting with disaster.
( 24
min )
Analyst Mike Mayo has an Outperform rating on shares and a $55 price target, implying 32% upside from recent trading levels.
( 22
min )
The agency warns of fraud in the employee-retention tax-credit program.
( 28
min )
The sale comes as lawmakers and regulators across the U.S. debate the future of natural-gas use in everything from stoves to furnaces.
( 26
min )
Apple has signed a new deal with Arm for chip technology that "extends beyond 2040," according to Arm's initial public offering documents filed on Tuesday. Arm unveiled pricing on Tuesday for what it hopes will be a $52 billion initial public offering, which would be the largest such deal in the U.S. this year. Arm owner SoftBank Group plans to offer 95.5 million American depository shares of the United Kingdom-based company for $47 to $51 apiece, Arm said in a filing.
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min )
(Bloomberg) -- Pipeline operator Enbridge Inc. agreed to buy three natural gas utilities from Dominion Energy Inc. for $9.4 billion. Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyUnited Airlines Resumes US Flights After Temporary Grounding on Tech IssueBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapThe deal will create
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Today's best CD rates are 6.00% from American 1 Credit Union, 5.85% from One America Bank, and 5.80% from Finworth. Almost 50 CDs are paying rates of 5.50% or more.
( 20
min )
Both sides of a dispute that has left nearly 15 million cable TV subscribers without ESPN or other networks affiliated with The Walt Disney Co. are directing customers to other services where they can watch television. The offers speak to the unusual nature of the business dispute between Disney and Charter Communications, and doesn't auger a quick resolution. Charter is telling its Spectrum TV customers about a special deal being offered by the Fubo live television streaming service to get two months at discounts of 25% or 30%, depending on the plan.
( 32
min )
(Bloomberg) -- The Federal Reserve has now offloaded about $1 trillion of its bond holdings since it began working down its bloated balance sheet last year, with no sign of the kinds of strains in financial markets that spooked policymakers the last time they oversaw such a program.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyReturn-t
( 32
min )
Charles Schwab passed a milestone in its efforts to integrate its one-time rival.
( 22
min )
China is planning a new $40 billion government-backed investment fund aimed at bolstering the country's semiconductor manufacturing industry that has been hit by U.S. export controls.
( 33
min )
Lisa Su emphasized AMD is one of the few companies that offers a complete AI technology portfolio across chips and software.
( 22
min )
If there's one thing cash investors love, it's high dividend yields that can juice up portfolio returns. Buying high-yielding dividend stocks often works well — until and unless the dividend gets cut or suspended. An unusually high dividend yield is sometimes called a "yield trap," meaning that while the yield is alluring, the declining share price is often a reflection of weak company fundamentals and declining earnings. Another event that perks investor interest is a stock split, as one can ow
( 33
min )
Ford Pro CEO Ten Cannis explains the potential for software-defined vehicles. The auto maker's investors stand to benefit if he is right.
( 23
min )
Lucid CEO Peter Rawlinson topped a survey of the most highly paid auto maker CEOs. Tesla CEO Elon Musk has an opinion about that.
( 22
min )
(Bloomberg) -- Citigroup Inc.’s $41 share price reflects too much fear, and investors looking for a long-term opportunity should buy the stock, according to Wells Fargo & Co. analyst Mike Mayo. Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyOpenAI CEO Sam Altman First Person to Get Indonesian Golden VisaReturn-to-Office Is a $1.3 Trilli
( 32
min )
The U.S. government is taking a big step toward forcing a defiant Tennessee company to recall 52 million air bag inflators that could explode, hurl shrapnel and injure or kill people. The National Highway Traffic Safety Administration on Tuesday said it has made an initial decision that the inflators made by ARC Automotive Inc., and under license by another company, are defective. In May the agency asked ARC to recall the inflators, which it says are responsible for at least seven injuries and two deaths in the U.S. and Canada since 2009.
( 31
min )
Musk earned an unprecedented $23 billion from Tesla two years ago after hitting performance targets.
( 32
min )
The U.S. dollar has long held its position as the world's primary reserve currency. It's also considered a safe-haven currency because of America's robust economy and stable political system. But according to renowned global investor and economist Marc Faber, the greenback's dominance is now on shaky ground. "I think that the U.S. dollar will become over time — not tomorrow, but over time — a worthless currency," he said in a recent interview with Stansberry Research. Faber is highly critical of
( 32
min )
The father of a woman who died during last month's wildfires in Hawaii has sued the state and the county of Maui in a “first-of-its-kind” lawsuit accusing the governments of gross negligence leading to the blazes. Filed on Monday in Hawaii state court, the lawsuit is the first stemming from the wildfires to be lodged against the state. It also names the state's electric utility Hawaiian Electric, which is already facing several lawsuits, and a major landowner on the island, Bishop Estate, over the fires that razed the historic town of Lahaina in Maui.
( 31
min )
Apple, Intel and Nvidia are among the companies that plan to buy shares in the British chip maker's initial public offering.
( 26
min )
According to Moffett Nathanson managing director Eugene Simuni, the primary reason the company is partaking in the underwriting process is to offer its users direct access to the IPO.
( 23
min )
The two-year saga involving a proposed deal to take Donald Trump’s Truth Social platform public just got even longer.
Shareholders voted to give the special-purpose acquisition company trying to take the former pre
( 24
min )
One of the market's hottest sectors is having a sluggish start to back-to-school season.
Major homebuilder stocks, which have benefitted this year from higher mortgage rates and slow sales of existing ho
( 22
min )
British chip designer Arm is targeting a valuation of around $52 billion for its IPO, according to a filing on Tuesday.
( 23
min )
A common number that people generally seek to save is $1 million. It's a good start to long-term retirement and is a threshold that people view favorably as they seek to reach their financial goals. Saving $1 million is doable, … Continue reading → The post How to Save $1 Million Dollars in 10 Years appeared first on SmartAsset Blog.
( 35
min )
(Bloomberg) -- Federal Reserve Governor Christopher Waller said policymakers can afford to “proceed carefully” with interest-rate increases given recent data showing inflation continuing to ease.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsOpenAI CEO Sam Altman First Person to Get Indonesian Golden Visa“There is nothing that is saying
( 31
min )
Last month, the entertainment giant offered full-year guidance that assumed the strikes would resolve by early September. That hasn't happened yet.
( 22
min )
Perceived wisdom goes that the way to outperform the market this year has been by leaning into the Magnificent Seven stocks (AAPL, AMZN, GOOGL, META, MSFT, NVDA, TSLA). These market leaders – all tech giants – are seen as being responsible for the market’s rally, but hold that thought, says Ark Invest CEO Cathie Wood. These names don’t take up much room in Wood’s flagship Ark Innovation ETF, yet the fund, with its focus on bold, innovative stocks, still managed to beat the main indexes’ performa
( 35
min )
Saudi Arabia said Tuesday it will extend its voluntary production cut of 1 million barrels of oil a day through the end of the year. The announcement, carried by the state-run Saudi Press Agency, comes as the kingdom has been unilaterally cutting its output to try and boost sluggish crude oil prices. The announcement said Saudi Arabia still will monitor the market and could take further action if necessary.
( 31
min )
(Bloomberg) -- For years now, stock traders have been getting so rich betting big companies will get even bigger that they’ve forgotten what a bubble looks like. They’re going to find out thanks to Nvidia Corp.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsOpenAI CEO Sam Altman First Person to Get Indonesian Golden VisaSo says Rob Arnot
( 34
min )
The electric-vehicle company shipped 84,159 cars from its plant in Shanghai in August, up from 64,285 in July and 76,695 in August 2022.
( 22
min )
Cryptocurrency prices have been languishing, failing to consistently hold gains in recent weeks. Analysts are eyeing weakness in the technicals.
( 22
min )
These companies will fare well even if the Federal Reserve keeps interest rates high for a while.
( 22
min )
KeyBanc's Brandon Nispel says Disney investors might be disappointed when they see ESPN's financials broken out as a stand-alone unit.
( 23
min )
The lawsuit provides insightful claims into the Wall Street titan’s culture including allegations that comments such as “take that as your first punch in the face” were condoned.
( 33
min )
The company is closing chicken plants after some say it went too far in building up the business, which produces one-fifth of U.S. supply.
( 26
min )
SoftBank Group's Arm is aiming to raise up to $4.87 billion in the chip designer's U.S. initial public offering, a regulatory filing showed on Tuesday.
( 31
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If cars like the BYD Seal are both premium and affordable, where does that leave the rest of the industry?
( 34
min )
Cryptocurrency prices have been languishing, failing to consistently hold gains in recent weeks. Analysts are eyeing weakness in the technicals.
( 22
min )
Auto makers and chip stocks were among the big movers at the start of a shortened week following the Labor Day holiday.
( 22
min )
The utilities sector has slumped 12% in 2023 and is by far the worst-performing group in the S&P 500.
( 26
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The new investments come despite market turbulence for clean-energy startups.
( 23
min )
Dogecoin led the winners in the top 10, in anticipation of Tesla owner Elon Musk’s upcoming biography, which reportedly details his involvement in the memecoin’s development.
( 32
min )
↗️ Blackstone (BX), Airbnb (ABNB): Shares in both companies rose premarket Tuesday after S&P Dow Jones Indices said late Friday that they would joi
( 23
min )
(Bloomberg) -- US equity investors are in for disappointment as economic growth is set to be weaker than expected this year, according to Morgan Stanley’s staunch bear, Michael Wilson.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketThe strategist’s warning contrasts with the rally on Wall
( 32
min )
(Bloomberg) -- The outlook for oil prices and Chinese demand, the longevity of OPEC+ supply curbs, and rising flows of Iranian crude are among the key topics at Asia’s biggest gathering of the industry’s traders and executives, which entered its second day in Singapore.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketWhy China Is Avoiding Us
( 32
min )
U.S. semiconductor company Qualcomm on Tuesday said it will supply chips to power in-car infotainment systems to luxury automakers Mercedes and BMW. Qualcomm is the leading supplier of the chips used in smartphones, a market that has slumped over the past year. But the company is also working with automakers to power various functions in vehicles, from infotainment systems to advanced driver assistance systems, and its automotive revenue grew 13% in its most recent quarter despite its smartphone outlook falling short of analyst estimates.
( 32
min )
(Bloomberg) -- A gauge of the dollar is marching toward levels last seen in March as Treasury yields pushed higher and traders mulled the possibility US interest rates may stay higher for longer. Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketThe Bloomberg Dollar Spot Index rose 0.4% on
( 31
min )
(Bloomberg) -- The low-profile yet surprising release of a new phone by Huawei Technologies Co. last week has sparked a hunt for potential beneficiaries, on the bet it represents a jump forward in China’s domestic chipmaking.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyDiamond Prices Are in Free Fall in One Key Corner of the MarketTraders and inve
( 32
min )
The continued positive inflation and labor market data led to the cut, Goldman Sachs Chief Economist Jan Hatzius wrote in a note. The investment bank said it expected reacceleration in real disposable income next year on the back of continued solid job growth and rising real wages. U.S. consumer spending accelerated in July, but slowing inflation strengthened expectations that the Federal Reserve would keep interest rates unchanged in its policy meeting this month.
( 31
min )
Shares fell back Tuesday in Asia after U.S. markets were closed for the Labor Day holiday. Hong Kong fell more than 1% as Chinese property stocks declined as investors sold to lock in gains fueled by recent efforts to support the ailing industry. China Vanke lost 1.2%, while Country Garden Holdings gave up 2%.
( 33
min )
Highly depressed markets have thrown up very attractive yields
( 10
min )
(Bloomberg) -- OpenAI Chief Executive Officer Sam Altman is the first person to get an Indonesian golden visa as Southeast Asia’s largest economy seeks to draw foreign investors. Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketStocks Cede China-Led Gains in Thin Holiday Trade: Markets WrapThe country’s immigration authority issued a 10-year
( 31
min )
(Bloomberg) -- Alibaba Group Holding Ltd.’s cloud division is weighing a private round to raise funds from Chinese state-owned enterprises ahead of the business’s market debut in Hong Kong, people with knowledge of the matter said.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketStocks Cede China-Led Gains in Thin Holiday Trade: Markets Wrap
( 33
min )
(Bloomberg) -- Oil traded near the highest level since mid-November after a surge driven by supply cuts from OPEC+ that have tightened the market.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketStocks Cede China-Led Gains in Thin Holiday Trade: Markets WrapWest Texas Intermediate held above $85 a barrel in early Asian trading, 0.3% higher t
( 31
min )
(Bloomberg) -- Asian stocks are set to open lower Tuesday, as traders return their focus to China’s efforts to halt its economic malaise after markets in the US were shut for the US Labor Day holiday.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketBurning Man Festival Death Probed as Driving Ban Is LiftedFutures in Japan and Australia point
( 34
min )
As Shanghai sweltered in a heatwave in June, the car factory where Mike Chen works switched production to night shifts and dialled down the air-conditioning. For Chen, toiling through the early hours in his sweat-soaked uniform, it was the latest slap in the face after cuts in bonuses and overtime slashed his monthly pay this year to little more than a third of what he earned when he was hired in 2016. Chen, 32, who works for a joint venture between China's state-owned car giant SAIC and Germany's Volkswagen, is far from alone.
( 35
min )
From 1958-2017, Perkins loans provided low-interest loans to undergraduate and graduate students with exceptional financial needs.
( 23
min )
A credit card authorized user is someone who has permission to use a credit card issued to another person. That can affect both their credit scores.
( 23
min )
Public outcry over rescuing banks with taxpayer money in 2008 forced a switch in governmental tactics, making bail-ins the new bank bailouts.
( 23
min )
Monthly tracking report for credit card interest rates from Investopedia's database of more than 300 cards showed an increase of an eighth of a point in the overall median available rate. These are the current rates as of September 2023.
( 24
min )
The increase in communications technology allows companies to complete in a global market.
( 24
min )
Personal loan rates reversed course this week, dipping to 20.96%, losing 15 basis points since last week when the average personal loan rate sat at 21.11%.
( 18
min )
Today's best CD rates are 6.00% from American 1 Credit Union, 5.85% from One America Bank, and 5.80% from Finworth. Almost 50 CDs are paying rates of 5.50% or more.
( 19
min )
U.S. equities fell, with the S&P 500 closing 0.4% lower on Sept. 5, 2023, as oil prices and interest rates rose.
( 18
min )
Discover’s savings account doesn’t usually have the highest APY, but it’s easily accessible with no minimum deposit or monthly fee.
( 24
min )
The cost of gasoline is on the rise as crude oil prices have climbed steadily to 10-month highs, but any effort by the U.S. government to ease the burden on households could be less effective now than in the past.
( 18
min )
Find out more about how CD early withdrawal penalties work, and how to determine when they may be worth overlooking.
( 24
min )
A rights offering is a set of rights given to shareholders to purchase additional stock shares in proportion to their holdings.
( 24
min )
Tesla was the best-performing stock in the S&P 500 after the electric vehicle maker boosted sales of vehicles made at its Shanghai plant last month on price cuts and increased production.
( 17
min )
The vast majority of homeowners are now considering climate disaster risks when they buy a new house, but many are still willing to accept those risks.
( 18
min )
Illumina on Tuesday named Agilent Technologies' Jacob Thaysen its CEO after a proxy battle with activist investor Carl Icahn led former head Francis deSouza to resign.
( 17
min )
The student loan forgiveness program is dead, given the Supreme Court ruling against it. You may have other options for relief, including some brand-new ones.
( 25
min )
Thinking of renting out your house or apartment on Airbnb? If so, make sure that you check your city's regulations first.
( 26
min )
Is the U.S. economy at last headed for a long-predicted recession? As economists digest the latest data, some are stowing their tray tables for a “soft landing” from the past two years of high inflation, while others are bracing for a crash.
( 18
min )
While not every borrower will qualify for any student loan forgiveness, there's typically no harm in applying, and it could benefit your overall financial health.
( 27
min )
Airbnb (ABNB) and trillion-dollar asset manager Blackstone (BX) are the latest companies to be included in the S&P 500 Index, which could boost their shares in the coming weeks.
( 18
min )
As borrowers with federally held student loans prepare to resume payments, 4.1 million have enrolled in a new kind of repayment that takes less out of their budget each month.
( 17
min )
Exploring the effects of British mercantilism on its colonial economies, especially America.
( 24
min )
The Federal Aviation Authority (FAA) briefly issued a ground stop for all departing United Airlines aircrafts due to a "systemwide technology issue."
( 17
min )
Business cycle indicators are a composite of leading, lagging, and coincident indexes used to make economic forecasts.
( 20
min )
The cost of a good is inversely correlated to its quantity demanded according to the law of demand in microeconomic theory.
( 19
min )
If you don’t want to spend a few decades paying off your student loans, you can take steps like paying while in school, activating autopay, and more to speed it up.
( 24
min )
Refinancing can lower your student loan payments. But does it make sense for your financial situation?
( 24
min )
Typically, the federal government may reduce your annual Social Security income by an average of $2,500 if you fail to repay a student loan. However, there are scenarios where this won’t apply.
( 24
min )
The equation of exchange is a model that shows the relationship between money supply, price level, and other elements of the economy.
( 20
min )
Though the Olympic Games are the pinnacle of sport, they also hold the potential to wreak a high level of financial havoc on their host country.
( 25
min )
M1 Finance and Betterment are two top robo-advisors offering different services. Betterment is good for setting financial goals, while M1 Finance may be better for automated investing.
( 28
min )
Warner Bros. Discovery shares gained as the entertainment giant raised its 2023 free cash flow guidance, but warned that Hollywood strikes would negatively impact its earnings.
( 17
min )
U.S. equities declined at midday on Tuesday, Sept. 5, 2023 amid worries about higher oil prices and interest rates.
( 16
min )
The Series 79 exam is a prerequisite for getting an entry-level job as an investment banking representative.
( 25
min )
If you receive student loan forgiveness, your credit score may be positively impacted. While your debt is not erased, your debt-to-income ratio may go up, yielding a higher score.
( 24
min )
Intercontinental Exchange completed its $11.9 billion purchase of real estate software, data, and analytics company Black Knight after federal regulators dropped their opposition to the deal.
( 17
min )
An exculpatory clause is a portion of a contract that relieves a party of liability if damages caused during the execution of the contract.
( 18
min )
Averages for almost every mortgage type were flat or hovering, including rates on 30-year mortgages, which are holding just a bit above their three-week low.
( 20
min )
Interest rate sensitivity is a measure of how much the price of a fixed-income asset will fluctuate as a result of changes in interest rates.
( 19
min )
For those who have defaulted on their student loans, the good news is you have a few options to help you recover from it.
( 24
min )
Saudi Arabia said Tuesday it will keep oil production cuts in place until December, putting more upward pressure on oil prices which are trading near 10-month highs.
( 19
min )
U.K.-based Chip designer Arm is looking to raise up to $4.87 billion in the largest U.S. initial public offering (IPO) of the year yet, which could value the company at as much as $52 billion
( 18
min )
The International Monetary Fund (IMF) is an important tool to help struggling countries, but it's not without its problems.
( 26
min )
Each is different in their own way, but which system is better: the currency board or the central bank? Find out more about these systems in this article.
( 20
min )
It's been the summer of discontent for labor unions across industries, and the future of the way millions of people work and earn is in the balance. Suresh Naidu, Professor of Labor Economics at Columbia University, joins the show to explain the dynamics.
( 19
min )
Robo-advisor tax-loss harvesting is the automated selling of securities in a portfolio to deliberately incur losses to offset any capital gains or taxable income.
( 26
min )
Which type of brokerage account you choose depends on your needs and preferences. Find out the benefits of human, self-directed, and robo-advisors.
( 29
min )
Novo Nordisk pulled ahead of LVMH to become Europe’s most valuable company by market capitalization as it launches its popular weight-loss drug, Wegovy, in the U.K.
( 17
min )
Compare Wealthfront and Merrill Guided Investing to learn which of these top robo-advisors is the right one for your automated investing strategy and financial goals.
( 26
min )
Market-linked CDs sound great on the surface but have a significant downside. Consider the whole picture before you invest.
( 23
min )
The Fed raised rates to 5.25%–5.50% at its July meeting, resuming a its 11th hike after a temporary pause in June.
( 26
min )
The infant-industry theory states that new industries in developing countries need protection against competitive pressures until they mature.
( 18
min )
Find out what it takes to become a financial controller, starting with educational requirements and professional certification.
( 19
min )
The minimum balance is the minimum amount that a customer must have in an account to get a service, such as keeping the account open.
( 22
min )
Hong Kong is a financial and business center in China, known as a special administrative region (SAR).
( 23
min )
With a centuries-old history, BNY Mellon can still attract and retain its clients the old-fashioned way, while growing this company to gigantic proportions.
( 24
min )
Compare Betterment and Merrill Guided Investing, two top robo-advisors that can assist you with automated investing and learn which one is right for your finances.
( 28
min )
De Nederlandse economie zal in de rest van dit jaar nauwelijks nog groeien. Dat verwacht ABN AMRO, dat de prijsstijgingen en relatief beperkte handel met het buitenland als oorzaken ziet. Volgend jaar is er vermoedelijk wel een kleine groei.
( 4
min )
Alle zes de bedrijven die op Schiphol de bagage van reizigers verwerken, hebben een dwangsom opgelegd gekregen. Ze zouden hun personeel te zwaar of onveilig werk laten doen. Dat meldt de Arbeidsinspectie dinsdag.
( 4
min )
Invasieve exoten veroorzaken jaarlijks wereldwijd bijna 400 miljard euro schade. Dat bleek maandag uit een VN-rapport. Wat is het probleem eigenlijk? En speelt dit ook in Nederland?
( 5
min )
T-Mobile en Tele2 heten voortaan Odido (spreek uit: o-díé-do). Directeur Søren Abildgaard snapt wel dat mensen aan die naam moeten wennen. "Dat zullen mensen ook hebben gedacht toen Google net begon: wat een rare naam."
( 5
min )
Alle zes de bedrijven die op Schiphol de bagage van reizigers verwerken, hebben een dwangsom opgelegd gekregen. Ze zouden hun personeel te zwaar of onveilig werk laten doen. Dat meldt de Arbeidsinspectie dinsdag.
( 4
min )
Het Kadaster neemt binnenkort maatregelen om de bescherming van adresgegevens te verbeteren. Vanaf medio oktober kunnen veel minder mensen op naam zoeken in het register, waarin informatie over het bezit van woningen en ander vastgoed staat.
( 5
min )
Modeketen Shoeby zit in de problemen en probeert een faillissement te voorkomen. Het bedrijf kwam in moeilijkheden tijdens de coronacrisis en wil tot een akkoord komen met schuldeisers.
( 3
min )
De prijs voor een vat Noordzeeolie steeg dinsdag voor het eerst in tien maanden tot boven de 90 dollar (84 euro). Dit kwam doordat Rusland bekendmaakte dat het zijn olieproductie langer beperkt. Saoedi-Arabië doet hetzelfde.
( 4
min )
Zes bedrijven die op Schiphol de bagage van reizigers verwerken, hebben een dwangsom opgelegd gekregen. Ze zouden hun personeel te zwaar of onveilig werk laten doen. Dat meldt de Arbeidsinspectie dinsdag.
( 4
min )
Het noodlijdende Big Bazar krijgt opnieuw extra tijd om een akkoord met schuldeisers te sluiten. De koopjesketen rekende zelf op een naderend bankroet na een gerechtelijke uitspraak op maandag. Een dag later wist de ondernemingsraad een faillissement voorlopig af te wenden.
( 4
min )
De Duitse regering steekt de komende vijf jaar ruim 1 miljard euro in onderzoek naar kernfusie. "Fusie is een enorme kans om al onze energieproblemen op te lossen", zegt de Duitse minister van Onderwijs en Onderzoek Bettina Stark-Watzinger.
( 3
min )
Mensen die langer dan drie maanden een mobiel abonnement bij KPN of Vodafone hebben, krijgen op 1 oktober een flinke prijsverhoging voor de kiezen. Vodafone verhoogt zijn tarieven met 10 procent en KPN met maximaal 2,50 euro per maand.
( 4
min )
Veel Nederlanders met een huurhuis zouden liever kopen. Tegelijkertijd zijn er huizenbezitters die juist graag willen huren. Volgens economen van De Nederlandsche Bank (DNB) is er bij 1,8 miljoen huishoudens sprake van een mismatch.
( 4
min )
Binnenkort kom je misschien geen plantaardige 'biefstuk' of 'spareribs' meer tegen in de Franse supermarkt. De Franse regering wil het gebruik van dierlijke namen voor plantaardige alternatieven aan banden leggen.
( 3
min )
Steeds meer jonge werkenden hebben last van burn-outklachten. Bij jonge mannen heeft bijna een kwart (23 procent) te maken met dit soort klachten, bij vrouwen is dat zelfs bijna een op de drie (29 procent). Dat blijkt uit cijfers van kennisinstituut TNO en statistiekbureau CBS.
( 5
min )
We live in a digital world, powered by a digital economy, and that means that in the long term, we should look to the tech sector for strong stock results. Specifically, we need to be cognizant of AI. AI stocks have been in the public market for several years now, as the technology has made inroads into various niches – interactive chatbots, of course, but also autonomous vehicles, robotics, warehousing… even online content writing. There’s no doubt that AI is here to stay, and there’s no doubt
( 34
min )
Charlie Munger, Warren Buffett's right-hand man, spent $1,000 on oil royalties in 1962. He now receives 70 times that amount from them each year.
( 31
min )
Warren Buffett oversaw a nearly 3,800,000% rise in Berkshire Hathaway stock between 1965 and 2022, crushing the S&P 500's 25,000% gain in that period.
( 32
min )
(Bloomberg) -- In the emerging post-pandemic era, most aspects of life have returned to normal. Moviegoers are flocking to cinemas, vacationers jammed airports for summer travel and kids are returning to classrooms.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketBurning Man Festival Death Probed as Driving Ban Is LiftedThe one thing that ha
( 38
min )
What might seem to be farfetched tax mitigation tactics are perfectly legal, lawyers and bankers to the wealthy tell Insider.
( 33
min )
The adoption of EVs has had little impact on oil demand since 2010, but faster adoption may lead to peak oil demand later this decade
( 35
min )
A more than $36 million verdict was issued against Werner over its failure to hire a deaf driver back in 2018 The post Werner hit with more than $36 million jury award in its failure to hire deaf driver applicant appeared first on FreightWaves.
( 34
min )
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Coming up this week: PMI surveys, the Fed's Beige Book, and an inflation reading from China
( 19
min )
(Bloomberg) -- Investors in sovereign bonds are mispricing a growing risk that has the potential to trigger downgrades, according to a study by analysts at Barclays Plc.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketZelenskiy Swaps Out Defense Minister in Wartime Cabinet ShakeupThe risk in question is the failure of countries to adequately
( 33
min )
Long-term care in residential facilities like nursing homes is a financial challenge for many. When dealing with a loved one who is disabled, elderly or ill, families often try every other kind of long-term care facility first. Because nursing homes … Continue reading → The post Nursing Home Costs: How You Can Cover Them appeared first on SmartAsset Blog.
( 34
min )
There's a reason that Social Security is called "the third rail of American politics" – as in, touch it and die. Most Americans – especially seniors – are fiercely protective when it comes to their retirement benefits. A financial advisor … Continue reading → The post Almost 8 in 10 People Oppose Raising the Full Retirement Age for Social Security appeared first on SmartAsset Blog.
( 32
min )
In this year's second-quarter earnings, Warren Buffett's Berkshire Hathaway Inc. revealed it had divested $8 billion in stocks. Immediately, financial news reporters with their fingers on the market's pulse began wondering what was up. Was this a hedge against an impending recession or possibly the precursor to a market nosedive? Steve Hanke, a prominent economist and academic at Johns Hopkins University in Baltimore, weighed in on the financial maneuver to Business Insider. He pointed out that
( 33
min )
The US dollar has rallied slightly against the Japanese yen during the trading session on Monday, but keep in mind it was Labor Day and the US.
( 32
min )
British chip designer Arm is eyeing a valuation between $50 billion and $55 billion for its IPO on the Nasdaq, according to The Wall Street Journal, citing people familiar with the matter.
( 23
min )
“The vision is to create a national banking network. They’re going to have to buy fill-ins."
( 23
min )
A net zero ban on petrol and diesel cars means European car makers risk being wiped out by cheaper Chinese competition, the chief of BMW has warned.
( 31
min )
Mercedes-Benz does not expect its sales in Europe to be all-electric by 2030 but will have its line-up ready, Chief Executive Ola Kaellenius said in an interview at the Munich car show. Europe's EV market had grown significantly in recent years but likely wouldn't be ready for all-electric sales by 2030, Kaellenius said on the sidelines of the Munich show. "It's not going to be 100% in 2030, obviously... from the whole European market, but probably from the Mercedes side as well," he said.
( 30
min )
This month is historically difficult for stocks. Investors will be hoping the momentum of several big companies can continue.
( 23
min )
Tharman Shanmugaratnam, who has previously called crypto "purely speculative" and "slightly crazy," was officially elected as Singapore's president early Saturday morning.
( 31
min )
BYD and XPeng are showing off new electric vehicles for the European market at the IAA Mobility event in Germany. Tesla is also appearing for the first time in ten years.
( 22
min )
Chinese electric vehicle maker Xpeng plans to expand into more European markets, including Germany, Britain and France in 2024, president Brian Gu told reporters on Monday at the IAA Mobility motor show in Munich. China's EV makers are seeking to expand in the region, aiming for higher margins and faster growth in overseas markets and challenging European companies on their home turf with cheaper models. While their EV sales picked up rapidly in South East Asia and South America, the European market has remained difficult for Chinese auto brands.
( 31
min )
Treasury 10-year yields have risen again lately, but why it may not last.
( 22
min )
The large e-commerce companies have become sensitive to macroeconomic developments in recent weeks, given their reliance on the health of the consumer.
( 22
min )
The industry push for an ether spot ETF will follow immediately after a bitcoin ETF approval since ETH has a similar market structure of a traded CME futures market and a spot market, the report said.
( 32
min )
Bitcoin and Ether have struggled to gain traction since the Securities and Exchange Commission (SEC) postponed its decision on seven Bitcoin ETF proposals.
( 32
min )
Thousands of individuals are referring neighbors and local businesses to a firm that has pursued billions in IRS refunds and created a bonanza for itself.
( 26
min )
The healthcare giant’s separation of its consumer-health business arms it with billions in cash for allocating capital in the remaining businesses.
( 26
min )
Global stocks climbed Monday, driven by a Chinese rebound as authorities eased mortgage rules to boost the country’s ailing property sector.
( 22
min )
(Bloomberg) -- US stock investors have gotten so confident that it’s concerning strategists at JPMorgan Chase & Co.Most Read from BloombergMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketZelenskiy Swaps Out Defense Minister in Wartime Cabinet ShakeupHuawei Teardown Shows Chip Breakthrough in Blow to US Sanctions“There is complacency in sentiment evident, VIX is near record low and positioning has increased” to above-average l
( 31
min )
U.S. automaker Tesla sold 84,159 China-made electric vehicles (EVs) in August, a 9.3% rise from a year earlier, data from the China Passenger Car Association (CPCA) showed on Monday. Sales of China-made Model 3 and Model Y cars rose 30.9% from a month earlier. Chinese rival BYD, with its Dynasty and Ocean series of EVs and petrol-electric hybrid models, recorded deliveries of 274,086 passenger vehicles in August, a jump of 57.5% year-on-year.
( 31
min )
Kamat's exit follows a recent executive exodus from Binance that includes Chief Strategy Officer Patrick Hillmann and General Counsel Hon Ng. The cryptocurrency exchange has lately been under heavy regulatory scrutiny in the United States, with regulators aggressively clamping down on what they deem are illegal activities.
( 30
min )
(Bloomberg) -- The outlook for oil prices, crude demand in top importer China, and the longevity of OPEC+ supply cuts are set to be among the key topics at Asia’s biggest gathering of the industry’s traders and executives, which kicked off in Singapore on Monday.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedZelenskiy Says He’s Removing
( 31
min )
(Bloomberg) -- Turkish inflation accelerated to the fastest this year, underscoring the central bank’s challenge as it raises interest rates to try to end a cost-of-living crisis.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadZelenskiy Says He’s Removing Ukraine Defense Chief in RevampBurning Man Festival Death Probed With Thousands Still StrandedWith food and energy costs on the rise, the pace of ann
( 31
min )
European car manufacturers are being forced into a price war with Chinese companies as the EU pushes ahead with plans to ban combustion engines, the boss of BMW has warned.
( 30
min )
(Bloomberg) -- A dose of reality is tempering the outlook for Arm Ltd.’s public listing as the chip designer kicks off its roadshow this week, lowering expectations of both the valuation and the amount to be raised.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipZelenskiy Says He’s Removing Ukraine Defense Chief in RevampBurning Man Festival Death Probed With Thousands Still StrandedThe SoftBank
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(Bloomberg) -- A dose of reality is tempering the outlook for Arm Ltd.’s public listing as the chip designer kicks off its roadshow this week, lowering expectations of both the valuation and the amount to be raised.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipZelenskiy Says He’s Removing Ukraine Defense Chief in RevampBurning Man Festival Death Probed With Thousands Still StrandedThe SoftBank
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min )
Labor Day became an official federal holiday in 1894.
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Stocks were higher in Asia on Monday after Wall Street was boosted by a report that signaled the US jobs market, while still healthy, is showing some signs of cooling. “It appears that global markets are primed to be smitten with the idea of a ‘Nirvana’ Fed tightening outcome, entailing the ‘immaculate dis-inflation’ that does not cause employment pain,” Tan Boon Heng of Mizuho Bank said in a commentary.
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(Bloomberg) -- Oil extended its rally to hit the highest level since November on expectations that supply cuts by OPEC+ leaders will tighten the market.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedZelenskiy Says He’s Removing Ukraine Defense Chief in RevampTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneWest Texas In
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The deal would be one of the largest in the lithium-mining industry.
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(Bloomberg) -- Asian stocks looked set for modest gains as traders mulled US jobs data that supported optimism the Federal Reserve is nearing the end of its tightening cycle. US markets are shut Monday for the Labor Day holiday.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted G
( 32
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Shares of Chinese property developers rose sharply, as more major cities said over the weekend that they would ease mortgage policies in a bid to shore up the real-estate sector.
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(Bloomberg) -- Chinese stocks listed in Hong Kong advanced on Monday after the nation rolled out further property support measures including lower down payments for homebuyers and looser mortgage rules at major cities. Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedZelenskiy Says He’s Removing Ukraine Defense Chief in RevampTesla’s $41,0
( 31
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Bitcoin edged up on Monday morning in Asia but remained below US$26,000. Ether also stayed range-bound at around US$1,650.
( 32
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Oil prices ticked up in Asian morning trade on Monday, as market sentiment was buoyed by positive China and U.S. economic data, as well as expectations of ongoing crude supply cuts from major producers. Brent crude was up 17 cents, or 0.2%, at $88.72 a barrel at 0015 GMT. On the demand side, China's manufacturing activity unexpectedly expanded in August, data from Caixin's manufacturing PMI survey indicated, leading to renewed optimism about the economic health of the world's largest oil importer.
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Oil prices ticked up in Asian morning trade on Monday, as market sentiment was buoyed by positive China and U.S. economic data, as well as expectations of ongoing crude supply cuts from major producers. Brent crude was up 17 cents, or 0.2%, at $88.72 a barrel at 0015 GMT. On the demand side, China's manufacturing activity unexpectedly expanded in August, data from Caixin's manufacturing PMI survey indicated, leading to renewed optimism about the economic health of the world's largest oil importer.
( 32
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Asian shares inched higher on Monday as markets wagered the Federal Reserve was done raising U.S. interest rates, and on hopes the drip feed of policy stimulus from Beijing would be enough to stabilise the Chinese economy. More policy action is also expected from Beijing, including relaxing restrictions on home buying. MSCI's broadest index of Asia-Pacific shares outside Japan inched up another 0.1%, having bounced 2.3% last week.
( 32
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(Bloomberg) -- This year’s US stock market rally is strong enough to withstand another leg higher for bond yields, according to the latest Markets Live Pulse survey.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedZelenskiy Says He’s Removing Ukraine Defense Chief in RevampTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted Gone
( 34
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Today's best CD rates are 6.00% from American 1 Credit Union, 5.85% from One America Bank, and 5.80% from Finworth. More than 40 CDs are paying rates of 5.50% or more
( 21
min )
Lehman Brothers developed the Lehman formula to determine the commission an investment bank should receive for arranging client transactions.
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Endogenous growth theory maintains that economic growth is primarily the result of endogenous and not external forces.
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min )
The Troubled Asset Relief Program (TARP) created and run by the U.S. Treasury following the 2008 financial crisis and was designed to stabilize the financial system.
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min )
A private good is one that benefits only the one consuming it, at the exclusion of all others.
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A deficit occurs when expenses exceed revenues, imports exceed exports, or liabilities exceed assets. Federal budget deficits add to the national debt.
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The time preference theory of interest explains interest rates in terms of people's preference to spend in the present over the future.
( 19
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As a measure of inflation, this index can help you make key financial decisions.
( 20
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Emigration is the relocation of people from one country to reside in another. Discover more about Emigration here.
( 19
min )
High-profile strikes in Hollywood and the threat of one in Detroit have earned this season the name the "summer of strikes," but the abundance of work disruptions may be a reflection of a sustained uptick in strikes in recent years rather than a unique hot period for union action.
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Deflation is a decrease in general price levels, while disinflation is what happens when price inflation slows down temporarily.
( 19
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Find out why Brazil and India, two of the largest and most important emerging market economies, appear to be headed in very different directions.
( 23
min )
A guaranteed investment certificate is a deposit investment security that Canadian banks and trust companies sell.
( 19
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Women are expected to live longer than men and can accrue higher medical costs over that lifespan. Yet, their health savings account balances on average lag men's by 15%, a new study found.
( 18
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Find out what equity research analysts do on a day-to-day basis, and learn more about the typical career progression for these securities professionals.
( 21
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The participation rate and unemployment rate are both used to gauge the health of the job market but in completely different ways.
( 23
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A wholesale price index (WPI) is an inflation indicator that measures change in the overall price level of goods before they are sold at retail.
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According to some pundits, the unemployment rate can be too low. Read on to find out why they think so.
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Find out how the U.S. Treasury and Federal Reserve create and implement policies to manage the economy and keep it stable.
( 24
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Many argue that ending the embargo on Cuba will not only make U.S. consumers happy, but also help Cuba's economy and bring greater freedom to the country.
( 24
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Classified Insurance is coverage provided to a policyholder that is considered more risky and thus less desirable to the insurer.
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Cleared funds are the money available in an account that can be used immediately since it has completely transferred to the user's account.
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Valued Policy Law (VPL) is a statute that requires insurance companies to pay the full value of a policy to the insured in the event of a total loss.
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Blanket insurance covers many types of property in one place, the same type of property in many places, or numerous properties in multiple places.
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Contributory value is the value contributed by a component or part to the total value of the whole.
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Actual total loss is a loss that occurs when an insured property is totally destroyed, lost or damaged to such an extent that it cannot be recovered.
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Personal injury protection (PIP) is a feature of auto insurance that covers medical expenses related to a car accident. It’s also known as “no-fault insurance.”
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Tax cuts, deregulation, and fiscal austerity aren’t necessarily a recipe for economic growth. Here’s why some economists disagree.
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A participating policy is insurance that pays dividends to policyholders. Dividends come from the profits of the insurance company that sold the policy.
( 22
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Het aantal modewinkels in ons land is sinds de coronacrisis met 10 procent gedaald. De hardste klappen zijn gevallen bij schoenenwinkels, damesmode en kinderkleding.
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Leiders van 54 Afrikaanse landen komen deze week voor een driedaagse klimaattop bijeen in Kenia. De top moet hun gezamenlijke stem versterken in aanloop naar de VN-klimaattop in november. Die stem verandert wel: Afrika ziet tegenwoordig óók kansen.
( 5
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Frankrijk wil net als in Duitsland een ov-kaart voor een vast bedrag per maand invoeren. Daarmee kunnen reizigers maandelijks onbeperkt gebruikmaken van bijvoorbeeld regionale treinen. Dat bevestigde de Franse president Emmanuel Macron maandag.
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Van de overheid geld krijgen voor bijvoorbeeld de aanschaf van een elektrische auto. Zo kennen we de term 'subsidie'. Dat ligt bij fossiele subsidies net even anders. Dit is het verschil.
( 2
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Studenten die langer over hun studie doen, komen toch in aanmerking voor een eenmalige energietoeslag als hun ouders een laag inkomen hebben. Dat meldt demissionair minister Carola Schouten van Armoedebeleid maandag.
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Het loket voor het STAP-budget, een potje van de overheid voor studiekosten, gaat op 18 september voor de vierde keer open. Om misbruik te voorkomen kan de subsidie van 1.000 euro alleen voor erkende opleidingen worden aangevraagd.
( 4
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Holland Norway Lines, dat met een veerboot overtochten naar Noorwegen aanbiedt, vaart niet meer naar het Noorse Kristiansand. De rederij is maandag failliet verklaard door de rechtbank.
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Het aantal huishoudens met een huurachterstand bij een woningcorporatie groeide met bijna 4 procent in 2022 ten opzichte van een jaar eerder. Ook klopten meer huurders bij de corporaties aan voor een betalingsregeling.
( 3
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Big Bazar krijgt van de rechter niet de tijd om met schuldeisers tot een akkoord te komen. Daardoor is de kans groot dat de koopjesketen dinsdagochtend failliet wordt verklaard, zegt Oscar van Oorschot, de advocaat van Big Bazar.
( 4
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Het loket voor het STAP-budget, een potje van de overheid voor studiekosten, gaat 18 september voor de vierde keer open. Om misbruik te voorkomen kan de subsidie van 1.000 euro alleen voor erkende opleidingen worden aangevraagd.
( 3
min )
De Turkse president Recep Tayyip Erdogan zegt vertrouwen te hebben in een snelle herstart van de graandeal. Hij sprak maandag met de Russische president Vladimir Poetin, die het akkoord in juli liet klappen.
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Big Bazar krijgt van de rechter niet de tijd om met schuldeisers tot een akkoord te komen. Daarmee is een faillissement van de koopjesketen dichterbij.
( 3
min )
Twee voetgangers kwamen zaterdagavond om het leven vanwege een aanrijding door een bestelbus. De bestuurder reed na het ongeluk door. Op ons reactieplatform NUjij vroegen lezers zich af: wat zijn de regels als je doorrijdt na een ongeval?
( 3
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Holland Norway Lines, dat met een veerboot overtochten naar Noorwegen aanbiedt, vaart niet meer naar het Noorse Kristiansand. De rederij is maandag failliet verklaard door de rechtbank.
( 3
min )
Voor mensen met een gat in hun hand, voor wie de maand altijd net te lang duurt en voor diegenen die door de duurdere boodschappen moeilijker rondkomen: voor hen vroeg NU.nl aan twee experts hoe je toch een spaarpotje kunt opbouwen.
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De prijzen in Turkije waren vorige maand gemiddeld 59 procent hoger dan een jaar eerder. Dat is een groter verschil dan de 48 procent in juli.
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min )
Klanten van Eneco kunnen binnenkort dynamische contracten afsluiten. Daarbij wisselen de stroomtarieven per uur en geldt voor gas dagelijks een andere prijs. Eneco is de eerste van de grote energiemaatschappijen die zo'n contract aanbiedt.
( 3
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Steeds meer instellingen voor ouderenzorg zitten in financiële moeilijkheden. Als er niets verandert, zijn faillissementen volgens accountantskantoor BDO onvermijdelijk.
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Klanten van Eneco kunnen binnenkort dynamische contracten afsluiten, waarbij de stroomtarieven per uur wisselen en voor gas dagelijks een andere prijs geldt. Eneco is de eerste van de grote energiemaatschappijen die zo’n contract aanbiedt.
( 3
min )
Kun jij een maand zonder Google? Die kans is erg klein. Het techbedrijf is overal aanwezig met zijn producten en diensten. Dat is bijzonder, want het bedrijf viert maandag 'pas' zijn 25e verjaardag.
( 4
min )
De Nederlandse overheid loopt nog meer geld mis door fossiele subsidies dan tot nu toe werd gedacht. Dat stellen drie grote milieuorganisaties na onderzoek in samenwerking met de TU Eindhoven. In totaal gaat het om 37,5 miljard euro per jaar.
( 4
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Kun jij een maand zonder Google? Die kans is erg klein. Het techbedrijf is overal aanwezig met zijn producten en diensten. Dat is bijzonder, want het bedrijf viert maandag 'pas' zijn 25e verjaardag.
( 4
min )
Bedrijven kunnen nu al moeilijk aan personeel komen, maar uitkeringsinstantie UWV verwacht dat vergrijzing dit de komende jaren nog verergert. Vooral na 2025 zijn er structureel te weinig mensen beschikbaar. Digitalisering, arbeidsmigranten en werken na het pensioen kunnen dit oplossen.
( 5
min )
(Bloomberg) -- Albemarle Corp. sweetened its takeover offer for Liontown Resources Ltd. to $4.3 billion as the world’s top lithium producer stepped up efforts to expand its footprint in hard rock-based assets.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneCovid Is Back. I
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Country Garden's deal with creditors for an extension on onshore debt payments worth 3.9 billion yuan ($537 million) has brought the developer and China's crisis-ridden property sector some much-needed respite. But while investors in the company and China economy-watchers alike may be heaving sighs of relief, it remains to be seen whether a raft of government stimulus measures will soon help revive demand and ease the sector's cash squeeze. The financial woes of China's top private developer have only further highlighted the fragile state of the country's real estate industry which accounts for roughly a quarter of the economy and has been in dire debt straits since 2021.
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Australia's Liontown Resources said on Monday it recommended a revised takeover offer from U.S.-based Albemarle Corp valuing the company at A$6.6 billion ($4.26 billion). The new offer price is A$3 per share, higher than A$2.5 the company received in March. ($1 = 1.5504 Australian dollars)
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The demands that a more combative United Auto Workers union has pressed on General Motors, Stellantis and Ford — demands that even the UAW's own president calls “audacious” — are edging it closer to a strike when its contract ends Sept. 14. The automakers, which are making billions in profits, have dismissed the UAW's wish list.
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Beijing has pushed renminbi as alternative global currency to dollar
( 8
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First, let’s start with Autopilot, Tesla’s advanced driver assistance system (ADAS). As part of an ongoing investigation into the ADAS after a series of Teslas crashed into emergency vehicles, the National Highway Traffic Safety Administration (NHTSA) is requesting more info from the automaker. The NHTSA said this could “lead to greater driver inattention and failure of the driver to properly supervise Autopilot.”
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Stock and bond markets will be closed Monday for Labor Day. Then, earnings reports from Zscaler, Gitlab, and Kroger. Plus, Services PMI data, the Fed's Beige Book, and more.
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min )
Homeowners are facing a “cost of owning crisis” as rapidly falling house prices push tens of thousands into negative equity.
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Disney wants to narrow the scope of its federal lawsuit against Gov. Ron DeSantis to just a free speech claim that the Florida governor retaliated against the company because of its public opposition to a state law banning classroom lessons on sexual orientation and gender identity in early grades. Disney on Friday asked a federal judge for permission to file an amended complaint focusing just on the First Amendment claim and leaving to another, state-court lawsuit questions about the legality of agreements the company signed with Disney World's governing district, then-made up of Disney supporters. The agreements were signed before DeSantis and the GOP-controlled Florida Legislature took over the governmental body in the spring.
( 32
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Toll Brothers (TOL) shares have jumped 68% in 2023. This uptrend is being powered by mega demand for the stock.
( 32
min )
Lattice Semiconductor Corp. (LSCC) shares have jumped 50% in 2023. This uptrend is being powered by mega demand for the stock.
( 32
min )
The U.S. regains its lead in global natural gas production, setting a new record high in 2022, even as consumption grows and exports increase.
( 33
min )
A new study suggests that “investors overvalue the pleasure” of tax-exemption.
( 27
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After beginning the year at record levels, global events have caused market volatility to jump and equities to fall. The S&P 500 Index is experiencing its first major correction since 2020, so investors are understandably looking to safeguard their assets. … Continue reading → The post Schwab Says This Can Double Your Retirement Savings appeared first on SmartAsset Blog.
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Tesla raised the price for a newer version of the Model 3 sedan, but they dropped the price of something else that might have investors confused.
( 22
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After the Labor Day holiday, investors will kick off the first week of September with a host of earnings and Goldman's technology conference featuring the world's biggest AI players.
( 32
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Summer is shifting into fall, and winter won’t be far behind, followed by the holidays and the New Year – and already, investors are thinking about finding the best stocks to shape up their portfolios for 2024. Meanwhile, the analysts at Goldman Sachs have been busy curating their ‘top picks’ for the coming year. Goldman Sachs’ Top Picks give investors a useful pointer toward solid stock choices, but they aren’t the only one. Another comes from the Smart Score, an AI-driven, algorithm-based data
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For many beer drinkers, 2023 has been a depressing year.
( 32
min )
This week in Borderlands: Solar panel maker building $1B factory in New Mexico; McMaster-Carr to open $360M distribution center in Fort Worth; Startup Aircon raises $3.3M in seed funding; and Texas-based Ever.Ag acquires logistics platform. The post Borderlands: Solar panel maker to build $1B factory in New Mexico appeared first on FreightWaves.
( 32
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(Bloomberg) -- Saudi Arabia’s sovereign wealth fund is set to create a new steel giant with the acquisition of the metals unit of chemicals maker Saudi Basic Industries Corp. for an enterprise value of 12.5 billion riyals ($3.3 billion).Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneCovid Is Back. Is It Time to Pull Out Our Masks Again?BMW Unwraps Next-Generation EV to Take on Tesla, China’s BYDJimmy Buffett, Singer Who Spun Margaritas Into Gold, Dies
( 31
min )
Softbank’s lofty ambitions for chip maker Arm have fallen short. Now the market is about to issue its verdict on the deal.
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min )
The gap between federal spending and revenue is widening, but not for reasons that stimulate the economy.
( 25
min )
(Bloomberg) -- Swiss luxury watchmakers who’ve weathered the rise of smartwatches, a pandemic and the highest inflation in decades say they’re worried about a new threat: the strong franc.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneCovid Is Back. Is It Time to Pull Out
( 31
min )
Thousands of companies have added Roth 401(k)s to their retirement plans. Getting the math right is proving tricky.
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min )
(Bloomberg) -- Oil’s having a rocky year, swung by jitters over China’s slowdown, OPEC+ supply cuts, and the fallout from the Federal Reserve’s tightening campaign. The tensions wrongfooted many traders as prices sank, then recovered. Now, what comes next is up for debate in Singapore.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneJimmy Buffett, Singer Who Spun Margaritas Into Gold, Dies at 76BMW Unwraps Next-Generation EV to Take on Tesla, China’s BYD
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min )
What does an equity research analyst do on an everyday basis?
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min )
This controversial monetary policy has been used by some of the world's most powerful economies. But does it work?
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The financial account is a component of a country’s balance of payments that outlines the net increases and decreases in ownership of a country’s assets.
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Learn how to interpret the relationships between price, volume, and open interest in the options and futures markets.
( 23
min )
If you have federal student loans, you have several repayment options. An IDR plan allows you to make payments based on your income and family size, ensuring you pay what you can afford.
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min )
A quantity discount is an incentive offered to buyers that results in a decreased cost per unit of goods or materials when purchased in bulk.
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min )
The debate rages on about whether insider trading is good or bad for financial markets. Some want it to be legal, and others want it to stay a crime.
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min )
Don't let your outdated resume prevent you from getting the job of your dreams.
( 22
min )
Personal Income and Outlays is a report produced by the Bureau of Economic Analysis that tracks personal income and monthly spending.
( 19
min )
Before going after that internship, discover the steps you can take to increase your chances of landing a position.
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Either an MBA or a CFA can get you in the door, but an MBA from a prestigious B-school could give you an edge.
( 19
min )
A telex release is a convenient option for shippers who do not need original documents for their accounting or legal records.
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min )
According to the Ricardo-Barro effect, also known as Ricardian equivalence, increased debt-financed government spending leaves demand unchanged.
( 19
min )
Overcrowding, staffing shortages, and widespread cancellations are hobbling air travel at a time that industry analysts had hoped would deliver a return to normalcy.
( 21
min )
The Federal Reserve's open market operations—the purchase or sale of government bonds and other securities—can push interest rates and the money supply lower or higher.
( 25
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While artificial intelligence could supplant some occupations, it could also help bridge labor shortages. Slower AI adoption would give the labor market time to transition, a report concludes.
( 19
min )
An associate in claims (AIC) is a professional designation for professionals with enhanced skill training to handle different types of claims.
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min )
The neoclassical growth theory is an economic concept where equilibrium is found by varying the labor amount and capital in the production function.
( 19
min )
The average American now spends close to $13,000 a year on healthcare, and the costs are still rising. But why?
( 26
min )
Kredietverstrekkers gebruiken vanaf 4 september strengere leennormen. Dit betekent dat we minder kunnen lenen om bijvoorbeeld een auto te kopen.
( 3
min )
Indonesië wil buitenlandse investeerders aantrekken door zogenoemde gouden visa te verstrekken. Afhankelijk van de hoogte van het geïnvesteerde bedrag kunnen geldschieters voor een bepaalde periode van meerdere jaren in het land verblijven.
( 3
min )
Advocaat Bénédicte Ficq doet maandagochtend namens ruim 2.600 mensen aangifte tegen chemisch bedrijf Chemours in Dordrecht. Zij beschuldigen de leidinggevenden van de fabriek ervan jarenlang met opzet giftige stoffen te hebben geloosd. Dit zijn de vijf belangrijkste vragen en antwoorden.
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min )
A hurdle rate is the minimum rate of return a project or investment must achieve before the manager or investor approves a predetermined condition.
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Structural unemployment is difficult to measure, but there are hints in the data that the spike in unemployment following the crisis was not purely cyclical.
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min )
Most of the healthcare issues can be solved without too much effort, but it is important to plan ahead to avoid gaps in coverage.
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min )
Learn what a recession is, what an economy in a recession looks like, and why the unemployment rate tends to rise during a recession.
( 27
min )
Defaults on student loans happen all the time and they can have substantial consequences on a borrower's financial future, but legislation pends to help out.
( 23
min )
Life insurance and annuities allow individuals to invest on a tax-deferred basis, but how they pay policyholders is different. Learn how each works.
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min )
Roll rate refers to the percentage of credit card users who become increasingly delinquent on their accounts.
( 23
min )
Learn about the price elasticity of supply, the law of supply, and why a price change can alter the pricing of goods in an economy.
( 23
min )
There are several student loan repayment options you can choose from to pay off your debt. Learn what they are and how to pick the right one for you.
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min )
A base year is the first of a series of years in an economic or financial index. Base years are also used to measure the growth of a company.
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min )
Bitcoin has a strong presence in these 10 cities, as indicated by the number of ATMs that dispense it and merchants who accept it.
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min )
A gatekeeper is an individual or institution that regulates access to medical care. It's a set of requirements for receiving payouts in long-term care insurance.
( 23
min )
ISO 14000 is a set of standards created to help businesses manage their environmental impact.
( 23
min )
Current transfers are current account transactions in which a resident entity in one nation provides a non-resident entity with an economic value.
( 19
min )
The Commerce Secretary overseas a vast business and commerce engine that drives the US economy.
( 21
min )
Federal student loans can be subsidized or unsubsidized. Both types have to be paid back with interest, but the government makes some interest payments on subsidized loans.
( 27
min )
Cybersecurity company CrowdStrike (CRWD) posted solid earnings for the fiscal quarter ended July 31, driven by the robust performance of its AI-powered Falcon platform.
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min )
Ashton Kutcher’s venture capital firm, Sound Ventures LLC, is among the investors for open source AI company, Hugging Face. Kutcher has a net worth of $200 million thanks to acting and investing.
( 18
min )
Spending on Beyoncé’s Renaissance Tour, Taylor Swift’s Eras Tour, and movie tickets for the summer’s hit films Barbie and Oppenheimer is expected to add about $8.5 billion to the economy in Q3 of 2023, according to a report by Morgan Stanley.
( 18
min )
A collateralized borrowing and lending obligation (CBLO) is a financial instrument offered in which financial entities can secure short-term loans by providing collateral.
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min )
Cash and cash equivalents are the first items on a company's balance sheet, but they are not same.
( 25
min )
Every taxpayer is required to pay their share to fund Medicaid and Medicare. Here's what it costs Americans and what you can expect to pay.
( 28
min )
A home inventory crunch has pushed prices higher - and that's kept Americans sidelined and forced real estate investors to pull back on spending.
( 32
min )
(Bloomberg) -- For the first time since the Federal Reserve started raising interest rates almost 18 months ago, the labor market is showing enough cracks to embolden some of the world’s largest bond investors to bet that the tightening cycle is finally ending.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneJimmy Buffett, Singer Who Spun Margaritas Into Gold, Dies at 76Saola Departs Hong Kong After Bringing Destructive WindsBMW Unwraps Next-Generation E
( 34
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(Bloomberg) -- Regional banks are poised to return to the debt markets in the biggest wave since June to meet new capital requirements in response to the failures of Silicon Valley Bank and Signature Bank.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneCovid Is Back. Is It Time to Pull Out Our Masks Again?BMW Unwraps Next-Generation EV to Take on Tesla, China’s BYDJimmy Buffett, Singer Who Spun Margaritas Into Gold, Dies at 76Diamond Prices Are in Free
( 34
min )
Robinhood bought back 55 million shares owned by SBF's Emergent Fidelity Technologies after four parties laid claim to the stock.
( 31
min )
I insisted for years that a seasonal pattern doesn’t exist for stocks. A recent study has changed my mind.
( 23
min )
The singer, author, and entrepreneur built an enormous business empire valued at several hundred million dollars.
( 22
min )
For most fund categories, the answer is yes, according to new research.
( 26
min )
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Cybersecurity company CrowdStrike (CRWD) posted solid earnings for the fiscal quarter ended July 31, driven by the robust performance of its AI-powered Falcon platform.
( 18
min )
Buc-ee's is expanding beyond its Southern stronghold, here's where it's coming to and what to check out.
( 31
min )
Tiger 'cub' Chase Coleman III's firm backed the equivalent of a startup a day in 2021 at wild prices, helping inflate a venture bubble. Now the firm is facing a reckoning.
( 40
min )
The call answer rate on the main IRS line for taxpayers wanting to speak to a person rose to 87% during this tax filing season from 15% last year
( 22
min )
Long before quiet quitting, boomers rejected "working for the man," says UNC sociologist Arne Kalleberg, "which is exactly what’s happening now."
( 34
min )
Dipak Gupta, currently the joint managing director, will carry out the chief executive duties until Dec. 31, the bank added. Kotak's resignation comes four months ahead of his planned retirement at the end of this year. In the meantime, the bank has already made an application for the new managing director to India's central bank.
( 31
min )
(Bloomberg) -- The history of commodity markets is littered with fraud and risk, and the opaque trade in scrap metal is no exception. But even veterans with decades of experience say they’ve never seen anything like the scam now rocking one of the world’s top copper recyclers.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneSaola Departs Hong Kong After Bringing Destructive WindsTesla Refreshes Model 3 and Slashes Prices of Top-End CarsSingapore Votes fo
( 34
min )
Starting next year, 529 investors will have more flexibility in rolling leftover money into Roth IRAs.
( 25
min )
These companies will fare well even if the Federal Reserve keeps interest rates high for a while.
( 22
min )
(Bloomberg) -- Europe’s stagflation crisis and a property downturn in China are flashing a familiar message: for equity investors, there is no real alternative to the US stock market.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneSaola Departs Hong Kong After Bringing Destructive WindsTesla Refreshes Model 3 and Slashes Prices of Top-End CarsSingapore Votes for President in Test of Ruling Party’s SwayMohamed Al Fayed, Tycoon Who Clashed With Royals, Di
( 34
min )
Walmart spent $3.5 billion this year to acquire shares from certain Flipkart stakeholders and resolve liabilities with some PhonePe shareholders, illustrating just how aggressively it's betting on India at a time when its chief global rival Amazon is scaling back on its expenditures in the South Asian market. The $3.5 billion spending took place in the first six months of 2023, Walmart disclosed in an SEC filing Friday. Walmart's ownership in Flipkart now stands at about 80%.
( 31
min )
Steady hiring and robust consumer spending offer the latest evidence that the government’s policy responses to the pandemic made the economy surprisingly strong.
( 28
min )
The Federal Reserve’s rate increases have raised the income from money-market funds 300 times, but its own losses are about to hit $100 billion, writes Allan Sloan.
( 22
min )
Fry's Sunnyvale store site is about to have a new owner.
( 21
min )
The company put $30 million on the table, but a controversial Texas Two-Step is walling off more than $1 billion in revenue from creditors.
( 34
min )
De Europese Centrale Bank (ECB) zal de rente waarschijnlijk nog verder verhogen in de strijd tegen de hoge inflatie voordat een pauze wordt genomen. Dat zei de Belgische centralebankpresident Pierre Wunsch op het Belgische Radio 1.
( 3
min )
De handel tussen Italië en China is niet zo sterk verbeterd als was gehoopt door de Italiaanse deelname aan de zogeheten Nieuwe Zijderoute vier jaar geleden. Dat zei de Italiaanse minister van Buitenlandse Zaken Antonio Tajani kort voor vertrek naar China.
( 3
min )
De Britse regering is dicht bij een overeenkomst over een steunpakket van 500 miljoen pond, omgerekend 584 miljoen euro, voor Tata Steel. Het bedrijf is eigenaar van de grootste staalfabrieken van het Verenigd Koninkrijk.
( 3
min )
Winkeliers in Pakistan hebben zaterdag door het hele land hun winkels gesloten uit protest tegen de sterk gestegen prijzen van elektriciteit en brandstof. In grote steden als Lahore, Karachi en Pesjawar waren ook markten dicht.
( 3
min )
De Duitse autofabrikant BMW heeft zaterdag zijn nieuwe concept voor elektrische auto's gepresenteerd, de zogenoemde 'Vision Neue Klasse'.
( 4
min )
Natuurherstel staat de komende tijd hoog op de Europese agenda. Ook in steden en dorpen moet de natuur terugkomen; de biodiversiteit moet omhoog. Maar hoe brengen we het groen terug tussen het grijs?
( 5
min )
Sinds juni kunnen consumenten hun energieprijzen weer makkelijk voor langere tijd vastzetten, en dat deden ze massaal. Toch wacht een meerderheid nog met een vast contract. De groep met een variabel tarief is veel groter dan voor de energiecrisis.
( 6
min )
Vanaf dit najaar zijn de meeste eieren in de schappen van Albert Heijn wit in plaats van bruin. Ook bij Jumbo tref je steeds meer witte eieren aan. De witte eieren zouden duurzamer zijn, maar pluimveehouders zijn sceptisch.
( 4
min )
J&J plans to maintain its quarterly dividend even after separating its Kenvue business. It didn't have to do that to keep its status as a Dividend Aristocrat.
( 22
min )
Customers of Arm Holdings Ltd including Apple Inc, Nvidia Corp, Alphabet Inc and Advanced Micro Devices Inc are set to invest in the chip designer's initial public offering, according to people familiar with the matter. Intel Corp, Samsung Electronics Co Ltd, Cadence Design Systems Inc and Synopsys Inc are also being lined up as investors for the offering, the sources added.
( 32
min )
(Bloomberg) -- SoftBank Group Corp. has lined up some of Arm Ltd.’s biggest customers as strategic investors for the chip company’s initial public offering, including Apple Inc., Nvidia Corp., Intel Corp. and Samsung Electronics Co., according to people familiar with the situation.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneSaola Departs Hong Kong After Bringing Destructive WindsTesla Refreshes Model 3 and Slashes Prices of Top-End CarsSingapore Vot
( 33
min )
The increasingly constrained global supplies of fossil fuels like oil, coal, and natural gas will affect prices and create economic and social challenges.
( 42
min )
This could be a balmy month for markets as corporate earnings look poised for liftoff and profit margins expand.
( 22
min )
(Bloomberg) -- Carvana Co. has completed its debt restructuring with a majority of creditors agreeing to participate in the deal, slashing about $1.3 billion of debt and saving the company more than $455 million of interest expense annually over the next two years. Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneSaola Departs Hong Kong After Bringing Destructive WindsTesla Refreshes Model 3 and Slashes Prices of Top-End CarsSingapore Votes for President
( 32
min )
It replaces Lincoln National in the popular index.
( 22
min )
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The three-and-a-half-year reprieve on interest for federal student loan borrowers came to an end Friday—but borrowers have new options to avoid it.
( 20
min )
(Bloomberg) -- Private equity giant Blackstone Inc. is the latest addition to the S&P 500 Index, the first alternative asset manager to join the equity gauge. Airbnb Inc. is added as well.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneSaola Weakens After Bringing Destructive Winds to Hong KongTesla Refreshes Model 3 and Slashes Prices of Top-End CarsSingapore Picks Tharman as President in Ruling Party BoostEurope's Biggest Oil Company Quietly Shelves a
( 32
min )
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Today's best CD rates are 6.00% from American 1 Credit Union, 5.85% from One America Bank, and 5.80% from Finworth. More than 40 CDs are paying rates of 5.50% or more
( 21
min )
Wells Fargo & Co. is cutting more than 300 jobs in one area of the bank where cutbacks may be good news — complaints and remediations.
( 21
min )
Liquidity problems at two immensely large Chinese companies with real estate holdings are adding to concern that a bubble in Chinese property values could burst and spray the rest of the world with financial contagion. The two Chinese companies’ cash shortage hasn’t triggered a crisis like the one that erupted 15 years ago in the United States and that disrupted the global economy, after a wave of home foreclosures flattened the value of subprime mortgage-backed securities that Lehman and other banks held.
( 38
min )
The accumulation by BTC whales suggests optimism among large investors, IntoTheBlock’s head of research noted.
( 32
min )
Shares of Dell jumped Friday, closing 21% higher. Street-beating quarterly per-share earnings and revenue, reported Thursday night, helped, but enthusiasm about the outlook for AI-related business fanned the flames.
Dell's stock finished at a record high, $68.19, according to Dow Jones Market Data,
( 23
min )
Shares of the hydrogen fuel cell company Plug Power (NASDAQ:PLUG) have been kind of on the fritz lately, experiencing a decline of about 35% in August. The August 9 earnings report, which indicated Plug’s sales had risen by a robust 72%, also revealed losses that were 50% worse than what analysts had expected – a factor that contributed to the decline in the company’s stock. And yet, one analyst isn’t quite ready to throw in the towel on Plug just yet. In a note out Monday, Jefferies’ Dushyant A
( 33
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Walgreens Boots Alliance shares tumbled to levels not seen in almost a quarter century after CEO Rosalind Brewer stepped down after less than three years at the helm.
( 18
min )
Graham, a longtime board member, is running the company alongside an interim CFO.
( 34
min )
Chinese electric car company Nio Inc. (NYSE:NIO) would really like to become the Tesla (NASDAQ:TSLA) of China one day. But if this week’s earnings report is any guide, Nio still has miles to go before it reaches its destination. Reporting its Q2 2023 financial results Tuesday morning, Nio managed to miss pretty much every goalpost that Wall Street had set for the company. On sales, Street analysts had hoped Nio would report RMB9.2 billion, but the most Nio could scratch together was RMB8.8 billi
( 33
min )
Buffett and Ramaswamy are both bargain hunters with a taste for holding companies, who worry about the clash between business and social issues.
( 32
min )
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LPG, BRY, RC, CALM, and FRO have the highest forward dividend yields of stocks in the Russell 3000.
( 24
min )
People following early retirement plans like the popular Financial Independence, Retire Early (FIRE) approach have a new ally in their arsenal — ChatGPT. The leading artificial intelligence (AI) language model gives people an array of personalized tools to help them prepare for early retirement. It also can guide them on where to live and how to stay engaged during their lengthy golden years. If someone needs some extra cash to fund their lifestyle, they can also use ChatGPT to make some side mo
( 32
min )
Louisville Ford workers vote in favor of potential strike, which looms less than two weeks away. Find out what the union chief thinks about Ford's latest offer.
( 23
min )
Shares of Tesla fell Friday, pulled lower by concerns about the pricing on an updated vehicle and competition in China.
The electric automaker's stock was recently down more than 5%, among the S&P 500's worst performers, though it's up more than 3% this week. The company today unveiled a refreshed
( 23
min )
The warrants, which can be exercised starting Sept. 13, offer an opportunity for a gain of more than $11.50 a share. At least in theory.
( 22
min )
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Top defense stocks for Q3 based on value, growth, and performance include TGI, CAE, and EH.
( 23
min )
In order to achieve financial success, it's important to make smart decisions with your money. Jaspreet Singh, widely known as ‘Minority Mindset’ on YouTube, is a respected expert in financial planning who is dedicated to spreading financial knowledge and helping people reach their financial goals. Through his brand Minority Mindset, Singh has positively impacted many lives by providing free financial newsletters through Market Briefs and educating people about investing through the Market Insid
( 32
min )
China's BYD and Tesla are well placed to grow their market share through to 2030. European car manufacturers Volkswagen and Renault are in trouble, according to UBS.
( 23
min )
Bullish Momentum From Grayscale’s Legal Victory On Tuesday Gives Way To Regulatory Pessimism
( 33
min )
↘️ Tesla (TSLA): The electric-vehicle maker's shares fell 3.5% in morning trading after it [unveiled a new Model 3 with a steeper price tag](https://www.wsj.com/business/autos/tesla-unveils-new-model-3-in-china-with-longer-rangeand-a-steeper-price-t
( 24
min )
When it comes time to start taking your retirement income, you'll hopefully have an array of options available to you. Just be sure to avoid these mistakes.
( 32
min )
(Bloomberg) -- BlackRock Inc.’s chief investment officer for global fixed income, Rick Rieder, said the cooling labor market supports speculation that the Federal Reserve is done raising rates, making bonds more appealing than they have been in months. Most Read from BloombergEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintHong Kong Slammed by Saola, Biggest Typhoon Since 2018Hong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were
( 33
min )
"Taylor Swift: The Eras Tour" concert film hit $26 million in ticket sales on Thursday, crushing AMC's previous single-day sales record.
( 22
min )
U.S. crude oil stocks have fallen to their lowest level this year and likely will shrink further, analysts said, as record demand, producer supply cuts, weaker futures and rising storage costs all point to increasing drawdowns. A tight crude market is poised to extend into 2024 and add upward pressure on global oil prices, they said. In a bullish sign, U.S. inventories last week dropped 10.6 million barrels, hitting the lowest level since December 2022's 420.65 million barrels.
( 32
min )
Shares of Eos Energy are up more than 35% Friday after the Energy Department committed to loan the battery storage startup nearly $400 million to manufacture its zinc batteries.
It's the latest boost for Eos, which was battered by high costs, production challenges and skepticism from short sellers
( 23
min )
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Top cannabis stocks for Q3 based on value, growth, and performance include CRLBF, TLRY, and TSNDF.
( 21
min )
Warner Bros. Discovery CEO David Zaslav has a big salary and a big task at the parent company for CNN and Max: turning around a media giant saddled with high debt and multiple challenges
( 45
min )
Rosalind Brewer has stepped down less than three years after taking the helm of the pharmacy operator.
( 26
min )
The CEO of Walgreens Boots has stepped down after less than three years at the helm of the drug store chain. Walgreens Boots Alliance confirmed Rosalind Brewer's exit Friday. According to the Illinois company, the board of directors and Brewer “mutually agreed” to her resignation effective Thursday.
( 31
min )
It seems that the August market swoon bottomed out two weeks ago, and since then, stocks have regained about half of this month’s losses. This shift has given a renewed boost to investors’ positive sentiment, which has run high throughout the year and fueled a strong rally. However, there are still headwinds in the wings. Writing from Raymond James, CIO Larry Adam points out that while inflation has decreased, its uncertainty remains, and fiscal dynamics are likely to increase pressure on the ge
( 35
min )
Robinhood said on Friday it had entered into a share repurchase agreement with the United States Marshal Service(USMS) to buy back stock from Sam Bankman-Fried's Emergent Fidelity Technologies. The shares of Robinhood were seized and subsequently transferred to the custody of the U.S. government after Bankman-Fried's FTX and Emergent filed for bankruptcy protection last year.
( 31
min )
Broadcom was expected to be one of the biggest beneficiaries of the artificial intelligence (AI) boom, behind trailblazer Nvidia, but the company's exposure to sluggish segments such as smartphones, telecoms gear and non-AI servers is impeding growth. "Off the back of Nvidia's blowout earnings update, anything less than stellar is being seen as disappointing," said Danni Hewson, head of financial analysis at AJ Bell.
( 31
min )
After Grayscale’s legal win, the SEC decided to postpone its decision on spot Bitcoin ETF applications. Will these proposals be greenlit? And when?
( 34
min )
Walgreens Boots Alliance Chief Executive Rosalind Brewer has stepped down less than three years after taking the helm of the pharmacy operator.
( 25
min )
(Bloomberg) -- Federal Reserve Bank of Atlanta President Raphael Bostic said the US economy faces a period of some disruption as debts are refinanced at significantly higher interest rates, putting some pressure on both financial institutions and the government.Most Read from BloombergEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintHong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were Supplied to Fix Top-Selling Jet EnginePutin M
( 31
min )
(Bloomberg) -- Brittle financial markets and their vulnerability to swings in data are troubling observers gathered by Lake Como just as investors take fright at the prospect of stagflation in Europe.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneSaola Weakens After Bringing ‘Destructive’ Winds to Hong KongSingapore Picks Tharman as President in Ruling Party BoostTesla Refreshes Model 3 and Slashes Prices of Top-End CarsEurope's Biggest Oil Company Qui
( 33
min )
(Bloomberg) -- Saudi Arabia’s crude exports fell sharply in August as the kingdom leads an effort by the OPEC+ alliance to curb production and bolster oil prices.Most Read from BloombergEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintHong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were Supplied to Fix Top-Selling Jet EnginePutin Moves to Seize Control of Wagner’s Mercenary EmpireIndia-China Tensions Threaten to Leave Modi Empty-
( 32
min )
"The clear threat is that many struggling households may soon find their credit cards are being maxed out and they can’t obtain more credit."
( 32
min )
FedEx’s 2024 rate increases highlight the many moving parts that UPS will need to manage. The post With FedEx GRI in books, ball now in UPS’ court appeared first on FreightWaves.
( 34
min )
Palantir stock had a rough August. It seems AI hype can only take you so far.
( 22
min )
Bullish investors poured money into tech stocks for the 10th straight week, the longest streak in two years BofA Global Research said, while U.S. Treasuries are set for their worst yearly performance since the Declaration of Independence. There were a net $10.3 billion of inflows into equity funds in the week to Wednesday, with investors putting $5.1 billion into tech stocks, the most since May, and $4.9 billion into emerging market stocks, BofA said on Friday, citing data from provider EPFR. Investors have been buying stocks on increasing hopes that the U.S. economy will achieve a soft landing - slowing enough to bring inflation back to the Federal Reserve's target, but not dramatically.
( 32
min )
(Bloomberg) -- Jon S. Corzine’s critics are making a renewed effort to halt the comeback attempt of the former head of MF Global Holdings more than a decade after the derivatives brokerage imploded and about $1 billion in customer money went missing.Most Read from BloombergHong Kong Shuts Down City Before Super Typhoon Saola HitsEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintFake Spare Parts Were Supplied to Fix Top-Selling Jet EnginePutin Moves to Seiz
( 33
min )
I am in a quandary about how to invest $750,000 that’s in my 401(k). I'm 67 years old, retired and I have not started taking Social Security yet. What is the best way to preserve this money for the rest of my life that doesn't have high fees? -Terry As you know, the big challenge […] The post Ask an Advisor: I’m 67 with $750K in a 401(k). How Can I Preserve This Money for the Rest of My Life? appeared first on SmartReads by SmartAsset.
( 35
min )
Combined deliveries from Li Auto, NIO, and XPeng total more than 68,000 units in August, a record month, and up from about 25,000 units a year ago.
( 23
min )
Adjusted second-quarter earnings from Dell Technologies soundly top analysts' estimates, Broadcom's revenue guidance for its fiscal fourth quarter is in line with Wall Street forecasts, Tesla unveils a revamped Model 3 with a longer range, and Nutanix issues strong fiscal first-quarter sales guidance.
( 23
min )
The stock was falling in premarket trading on Friday, with investors seemingly disappointed by its earnings.
( 23
min )
(Bloomberg) -- The Federal Reserve may very well be done hiking rates for now, but US stocks still face a pullback from the risk of a hard economic landing, according to Bank of America Corp. strategists.Most Read from BloombergHong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were Supplied to Fix Top-Selling Jet EnginePutin Moves to Seize Control of Wagner’s Mercenary EmpireEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintUBS Flag
( 32
min )
(Bloomberg) -- Europe’s top copper producer Aurubis AG warned it may face losses in the hundreds of millions of euros after being hit by a massive metal theft, and no longer expects to meet its profit forecast for the year.Most Read from BloombergHong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were Supplied to Fix Top-Selling Jet EnginePutin Moves to Seize Control of Wagner’s Mercenary EmpireEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbo
( 32
min )
(Bloomberg) -- Samsung Electronics Co. leapt more than 6% on speculation the company has won the right to compete with arch-foe SK Hynix Inc. to supply advanced memory chips to AI leader Nvidia Corp.Most Read from BloombergHong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were Supplied to Fix Top-Selling Jet EngineEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintPutin Moves to Seize Control of Wagner’s Mercenary EmpireUBS Flags Cos
( 31
min )
(Bloomberg) -- Samsung Electronics Co. leapt more than 6% on speculation the company has won the right to compete with arch-foe SK Hynix Inc. to supply advanced memory chips to AI leader Nvidia Corp.Most Read from BloombergHong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were Supplied to Fix Top-Selling Jet EngineEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintPutin Moves to Seize Control of Wagner’s Mercenary EmpireUBS Flags Cos
( 31
min )
Dollar General and Dollar Tree say shoppers are shifting spending toward food and essentials.
( 27
min )
Bitcoin, Ether and other cryptos were down Friday morning. U.S. equities were flat as investors look towards August's jobs report later Friday.
( 32
min )
While August brought with it a pullback following the market’s strong so far this year, the past few sessions have seen momentum build again. The good news, according to Andrew Slimmon, managing director and senior portfolio manager at Morgan Stanley Investment Management, is that the market’s advance is set to continue. Boosted by the Q3 earnings season, Slimmon sees the S&P 500 nearing the 5,000 mark by the end of the year, which would not only represent an 11% increase from current levels, bu
( 34
min )
The three-and-a-half-year reprieve on interest for federal student loan borrowers came to an end Friday—but borrowers have new options to avoid it.
( 18
min )
The Big Mac PPP is a survey done by The Economist that examines the purchasing power of various currencies based on the relative price of a Big Mac.
( 22
min )
Disney blocked the ABC Network, ESPN, and other networks on Charter Communications (CHTR)'s Spectrum cable after the two sides couldn’t agree on a contract renewal.
( 17
min )
Today's best CD rates are 6.00% from American 1 Credit Union, 5.85% from One America Bank, and 5.80% from Finworth. More than 40 CDs are paying rates of 5.50% or more
( 19
min )
The Dow Jones finished higher by about 115 points, or 0.3%, on investors optimism that the latest employment report will help prompt the Fed to end its interest rate hikes.
( 17
min )
U.S. equities opened the month of September with the S&P 500 little changed on Sept. 1, 2023, following the release of data showing the unemployment rate rose more than expected in August
( 17
min )
Value investors like Warren Buffett select undervalued stocks trading at less than their intrinsic book value that have long-term potential.
( 37
min )
Before signing up for dental insurance, make sure it will cover what you need while avoiding unexpected expenses. Here are four key factors to investigate.
( 24
min )
Many of the top 25 stocks in the S&P 500 by weight are issued by some of the largest and best-known tech firms in the world.
( 22
min )
Walgreens Boots Alliance shares tumbled to levels not seen in almost a quarter century after CEO Rosalind Brewer stepped down after less than three years at the helm.
( 17
min )
Choosing the best robo-advisor to use can be a challenge. Compare M1 Finance and Merrill Guided Investing to learn which one offers automated investing features right for you.
( 25
min )
LPG, BRY, RC, CALM, and FRO have the highest forward dividend yields of stocks in the Russell 3000.
( 23
min )
Interest rates tend to fall during recessions for fundamental reasons and as investors start to price in the likely policy response by the central bank.
( 25
min )
Compare Wealthfront and E*TRADE Core Portfolios, two robo-advisors with low minimum deposits and reasonable fees, to see which one is best for your financial goals.
( 27
min )
The companies are investing an additional $2 billion into the battery cell manufacturing plant, which will now create 8,500 new jobs over the next eight years.
( 17
min )
Top growth stocks for September include Cabaletta Bio Inc., Reata Pharmaceuticals Inc., and MoonLake Immunotherapeutics.
( 20
min )
If history can be trusted, stocks may be due for a tumble this month in a phenomenon known as the September Effect.
( 17
min )
Financing grad school can be a daunting task. Learn about the different options to help pay for your graduate degree, including scholarships, grants, and loans.
( 23
min )
You don’t need your parents to get a student loan. Learn about private and federal student loans to see which loans you may be eligible for.
( 23
min )
Broadcom’s current quarter guidance missed estimates as demand for its chips for smartphones slowed, and the expected strong gains from the artificial intelligence (AI) boom fell short.
( 17
min )
Capital consumption allowance (CCA) is the amount of money a country has to spend each year to maintain its present level of economic production.
( 19
min )
Finding the right robo-advisor can be difficult. Compare the differences between M1 Finance and E*TRADE Core Portfolios to see which automated investing platform is best for you.
( 27
min )
Brokerage Robinhood struck a share repurchase agreement with the U.S. Government and bought back $606 million in stock previously owned by the founder of the failed FTX exchange.
( 18
min )
Top defense stocks for Q3 based on value, growth, and performance include TGI, CAE, and EH.
( 22
min )
Historically Black colleges and universities (HBCUs) focus on educating disadvantaged groups and are helping narrow the racial wealth gap.
( 27
min )
U.S. equities were little changed at midday as the investors considered how the Federal Reserve might react to the jump in the August unemployment rate.
( 16
min )
Three types of tax systems are used in the U.S.—regressive, proportional, and progressive—two impact high and low-income earners differently, and one is the same for all.
( 25
min )
Shares of Dell Technologies hit an all-time high after the maker of PCs and computer-related services beat earnings expectations and boosted its guidance on booming AI-product demand.
( 17
min )
Here is an economic portrait of the average American consumer, based on recent spending habits.
( 20
min )
Tesla slashed the price of its Model S and Y in China and the U.S. while launching a longer-range Model 3 to compete better in the Chinese market.
( 17
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The unemployment rate edged up to 3.8% in August from 3.5% in July, rising from a near-record low to its highest since February 2022, the Bureau of Labor Statistics said Friday.
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A macroeconomic factor is an economic, environmental, or geopolitical event that broadly affects a regional or national economy.
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Learn the basic principles used to calculate personal rates of return on investment portfolios.
( 25
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Net revenue grew by 52% in international markets, boosting gross profits by 23% as Lululemon Athletica projects 18% revenue growth for 2023.
( 17
min )
David Ricardo was a classical economist best known for his theory on wages and profit, labor theory of value, theory of comparative advantage, and others.
( 25
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British energy group Octopus Energy signed a deal to buy Shell Petroleum's home energy business in the UK and Germany.
( 18
min )
Top cannabis stocks for Q3 based on value, growth, and performance include CRLBF, TLRY, and TSNDF.
( 21
min )
M1 Finance and Wealthfront are two top robo-advisors, but they offer very different services when it comes to automated investing. Learn which one is best for your financial goals.
( 30
min )
ETFs for September with the best 1-month return include PXE, IBML, RISR, BDRY, and UUP.
( 20
min )
If you’re a salaried worker with a desk job earning less than $55,068 a year, a new rule would give you a workplace perk that’s nearly unheard of for white collar workers: overtime pay.
( 18
min )
To buy a median-priced house today, a typical income-earning household would have to shell out 38.3% of their earnings to make the mortgage, the highest percentage since 1984.
( 17
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These strategies are used by traders to capitalize on stocks or securities that exhibit high volatility.
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Learn who the top 10 billionaires in the world are and how they built their wealth.
( 33
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A curve steepener trade uses derivatives to profit from rising yield differences due to yield curve increases between T-bonds of differing maturities.
( 20
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Pay to order refers to negotiable checks or drafts paid via an endorsement that identifies a person or organization the payer authorizes to receive money.
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The Treasury General Account is the general checking account that the Department of the Treasury uses.
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Pensioenfondsen staan er nu financieel iets slechter voor dan een maand geleden, concludeert adviesbureau Aon. De gemiddelde dekkingsgraad is gedaald van 122 naar 121 procent. Dat kwam vooral doordat augustus niet zo'n goede maand voor beleggingen in aandelen was.
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De adviesprijs voor 1 liter Euro95 aan de pomp is vrijdag gestegen tot 2,259 euro. Daarmee is de prijs de afgelopen maand verder opgelopen. Op 1 augustus stond de adviesprijs nog op 2,214 euro.
( 3
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De handel tussen de Europese Unie en Rusland is behoorlijk afgenomen na de Russische invasie in Oekraïne. Door Europese sancties is vooral de import van Russische goederen fors gekrompen.
( 4
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De huizenprijzen gaan volgend jaar weer in de lift, voorspellen onderzoekers van ING Research. Daarmee zijn goedkoper wordende huizen verleden tijd en dat komt vooral door de stijgende lonen.
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Het demissionaire kabinet stelt minder scherpe eisen aan Schiphol. Het jaarlijkse aantal vluchten op het vliegveld hoeft niet terug naar 440.000, maar naar 452.500. Ook hoeft de luchthaven niet te stoppen met nachtvluchten.
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Mannen zijn nog steeds dominant in de bestuurskamers van beursgenoteerde bedrijven. Het aantal vrouwelijke bestuurders blijft steken rond de 15 procent, blijkt uit de Female Board Index 2023.
( 4
min )
Deelnemers aan Burgernet ontvangen voortaan geen sms-berichten meer als iemand wordt vermist of gezocht. De politie gebruikt voortaan de Burgernet-app om de hulp van burgers in te schakelen.
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Ongeveer 226.000 ondernemers hebben op dit moment nog een openstaande coronaschuld bij de Belastingdienst. Zij hebben sinds oktober 2022 een betalingsregeling lopen.
( 3
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Ongeveer 226.000 ondernemers hebben op dit moment nog een openstaande coronaschuld bij de Belastingdienst. Zij hebben sinds oktober 2022 een betalingsregeling lopen voor hun coronabelastingschulden.
( 3
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SentinelOne Inc raised its annual revenue forecast on Thursday, riding on resilient adoption of its AI-backed security offerings as macroeconomic fears abate. The cybersecurity company also clarified that it had just canceled a "reselling agreement" with Wiz and their partnership with the startup was still on. Startup Wiz said last week that it was considering a potential bid for SentinelOne, which has struggled to become profitable, after reports that it was considering putting itself up for sale.
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(Bloomberg) -- Broadcom Inc., a supplier of chips to Apple Inc. and a broad swath of the tech industry, gave a disappointing forecast for the current period, signaling that demand remains sluggish for electronic components. Most Read from BloombergHong Kong Shuts Down City Before Super Typhoon Saola HitsEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintUBS Flags Cost Cuts After $29 Billion Credit Suisse WindfallPutin Moves to Seize Control of Wagner’s Merc
( 33
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There are few shares shorted, for good reason.
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Today's best CD rates are 6.00% from American 1 Credit Union, 5.85% from One America Bank, and 5.80% from Finworth. Almost 40 CDs are paying rates of 5.50% or more.
( 20
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The SEC has charged a 23-year-old part-time pretzel-shop worker in a $1 million fraud scheme to buy shares of Tesla, GameStop and Nvidia.
( 31
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Despite political changes and environmental concerns, Brazil's oil sector, led by Petrobras, is rapidly expanding, aiming to make the country the world's fourth-largest oil producer.
( 34
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The chip maker sees promise in the artificial intelligence trend.
( 22
min )
Revenue in the latest quarter was $2 billion higher than the $20.9 billion consensus forecast among analysts on Wall Street. Guidance topped estimates.
( 22
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August was the stock's worst month all year and ends the longest monthly winning streak since 2014. All hopes are pinned on the new iPhone.
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Warren Buffett, the Oracle of Omaha, has some timeless words of advice for successful investing.
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(Bloomberg) -- It’s been more than five months since Silicon Valley Bank failed, but you wouldn’t know it from looking at bank stocks. Most Read from BloombergHong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were Supplied to Fix Top-Selling Jet EngineEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintPutin Moves to Seize Control of Wagner’s Mercenary EmpireUBS Flags Cost Cuts After $29 Billion Credit Suisse WindfallThe KBW Bank Inde
( 32
min )
Intel CEO Pat Gelsinger says third-quarter revenues are running at the high end of the company's guidance range
( 22
min )
European auto sales increased for the 12th consecutive month, seeing a 17% rise in July, led by growth in Germany, France, and Spain, with electric cars making significant gains.
( 31
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Morgan Stanley said that while optimism about artificial intelligence has lifted the stock, the company hasn't said how it will monetize the technology.
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An 87% value wipeout for Chinese developers' dollar bonds is symptomatic of the wider crisis facing the nation's property sector, which has seen 53 companies collapse in about two years.
( 31
min )
A Newton biotech close to the end of its cash runway has been scooped up by a Florida firm.
( 22
min )
AT&T stock could soon move closer to its recent 30-year lows
( 30
min )
The Chinese real estate market is experiencing another potential black swan event as Country Garden, once China's largest property developer by sales, spirals into a crisis that threatens to surpass the impact of China Evergrande Group. The Foshan-based Country Garden is under heightened scrutiny because it oversees four times as many property projects as Evergrande. China's housing slump is exacerbating broader concerns over its economy, with signs of spillover effects ranging from missed payme
( 33
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Vivek Ramaswamy's fiercest critic, Yale Professor Jeffrey Sonnenfeld, has studied the presidential hopeful's debate strategies–and his business record.
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Mortgage rates dropped for a third day. The 30-year average has sunk to its lowest level in three weeks, and most loan types saw a double-digit decline.
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Do you love dividends? Of course you do — and rightly so! Scholars who study the stock market’s historical performance estimate that over time, the payment (and reinvestment, and compounding) of dividends have contributed anywhere from 30% to 90% of the S&P 500’s total returns. Simply put, if you’re not investing in dividend stocks, you’re doing it wrong. Using the TipRanks platform, we’ve looked up two stocks that are offering up to 24% yield – that’s almost 15x higher the average yield found i
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min )
Amazon will release an app in Shopify’s ecosystem, allowing merchants to integrate a 'Buy With Prime' option into a product's page.
( 26
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(Bloomberg) -- Exxon Mobil Corp. has shaken off its last bearish rating as a breakneck rally in oil prices spurred Redburn to upgrade the oil major to neutral.Most Read from BloombergHong Kong to Shut Down City Before Super Typhoon Saola HitsEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintUBS Flags Cost Cuts After $29 Billion Credit Suisse WindfallPutin Moves to Seize Control of Wagner’s Mercenary EmpireUS Health Officials Urge Moving Pot to Lower-Risk C
( 31
min )
Palantir downgraded, Shopify upgraded: Wall Street's top analyst calls
( 33
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(Bloomberg) -- Kylie Jenner has explored taking back ownership of the cosmetics line she sold to Coty Inc. three years ago, according to people familiar with the matter, a sign of how the relationship between one of the world’s largest beauty companies and one of entertainment’s most famous families has become strained.Most Read from BloombergHong Kong to Shut Down City Before Super Typhoon Saola HitsEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintUBS Fl
( 32
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Citi turned bullish on Arista shares, seeing growth ahead from cloud computing providers
( 26
min )
Bitcoin traders continue to focus on U.S. economic data that could move the needle on the Federal Reserve's pathway for interest rates as cryptocurrencies are about to enter a tough month.
( 22
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Shares of Dollar General are sinking premarket after the retailer reported a drop in quarterly profit and cut is sales and earnings outlook.
The stock was recently down 15% at $133.85 ahead of the opening bell.
Dollar General said its gross profit rate fell in the second quarter, citing factors in
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U.S. consumer spending accelerated in July, but slowing inflation strengthened expectations that the Federal Reserve would keep interest rates unchanged next month. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, increased 0.8% last month, the Commerce Department reported on Thursday. Slowing inflation and a still tight labor market, which is keeping wage gains elevated, are supporting consumer spending and propping up the economy.
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An inflation gauge closely tracked by the Federal Reserve remained low last month, adding to signs of cooling price increases and raising the likelihood that the Fed will leave interest rates unchanged when it next meets in late September. The year-over-year figure, though, is down sharply from the 7% peak it reached a year ago, though still above the Fed's 2% inflation target. The latest data follows other recent reports that suggest the economy and the job market may be slowing enough to cool inflation pressures.
( 32
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The optical networking hardware company is seeing strong demand from cloud providers.
( 26
min )
Morgan Stanley analyst Joshua Pokrzywinski bumped the shares to Hold From Sell. His price target went to $113 from $102 each.
( 26
min )
(Bloomberg) -- Palantir Technologies Inc. was downgraded to underweight at Morgan Stanley, the latest indication of how Wall Street is skeptical of the software company, which has touted itself as a major player within artificial intelligence.Most Read from BloombergUS Health Officials Urge Moving Pot to Lower-Risk CategoryUBS Flags Cost Cuts After $29 Billion Credit Suisse WindfallHong Kong to Shut Down City Before Super Typhoon Saola HitsEurope's Biggest Oil Company Quietly Shelves a Radical P
( 31
min )
Dollar General posted fiscal second-quarter earnings of $2.13 a share on revenue of $9.8 billion.
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Dollar General cut its annual sales and profit forecasts on Thursday, hurt by a decline in store traffic and the discount retailer's move to sell more low-margin essentials over discretionary products. U.S. consumers, particularly in low-to-middle-income groups, have been feeling the pinch as reductions in government funding and lower tax refunds worsen inflationary pressures. The company said gross profit as a percentage of net sales was down 126 basis points in the second quarter from last year, driven by lower inventory and increased shrink, as well as inventory damages.
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Data revealed a further contraction in the world's second-largest economy, but it wasn't as bad as expected and there are bright spots to look to.
( 26
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The analyst pointed out that a handful of high-performing stocks are yet to reach the highs they enjoyed in 2021.
( 33
min )
A September 14 contract expiration could impact 4,300 local jobs, if Ford and GM don't come to an agreement with the UAW.
( 23
min )
IRS fraud filters can trigger frustration for real taxpayers — including those ignore IRS letters. National Taxpayer Advocate details the challenges.
( 35
min )
Salesforce issues an outlook for the third quarter and fiscal year better than analysts' forecasts, Okta raises its fiscal-year outlook, and UBS reports a second-quarter net profit of $29 billion following the integration of Credit Suisse.
( 27
min )
UBS is making progress integrating Credit Suisse, the former rival it acquired at a fire sale price earlier this year.
( 27
min )
Pernod Ricard reported below-forecast sales and profit for fiscal 2023, but backed its medium-term financial targets and said it planned a €800 million share buyback. The stock opened almost 5% lower.
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Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Palantir Technologies, Box, Chewy, and Victoria's Secret. Palantir Technologies (NYSE:PLTR) shares fell more than 4% pre-market today after Morgan Stanley downgraded the company to Underweight from Equalweight with a price target of $9.00 (from $8.00), as reported in real time on InvestingPro. Craig-Hallum downgraded Box (NYSE:BOX) to Hold from Buy and cut its price target to $30.00 from $35.00.
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Swiss bank UBS announced Thursday plans to save $10 billion in costs as it moves ahead with “full integration” of longtime rival Credit Suisse's domestic operations, as UBS released its first earnings report since the government-orchestrated merger to help stave off a possible global financial meltdown. In a separate statement, Credit Suisse, calling itself a UBS subsidiary following the completion of the deal on June 12, announced a loss of 8.9 billion Swiss francs ($10.1 billion) as it wrapped up its accounting for all of 2023. UBS appeared to make no mention of one of the major outstanding questions: how many of Credit Suisse's 50,000 employees would be kept on.
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The company continues to see strong sales momentum even as consumers have started to pull back on discretionary spending.
( 22
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Core PCE has inched down since February. Now, technical effects are reversing that.
( 27
min )
"That weaponization of the dollar is part of the reason why Russia, China, and other BRICS nations have vied for an alternative to the dollar."
( 32
min )
USD Coin (USDC) is a stablecoin that is fully backed by U.S. dollars and dollar-denominated assets. USDC is not issued by the U.S. government.
( 22
min )
Economic value is the worth of a good or service determined by people's preferences and the trade-offs they choose given their scarce resources.
( 20
min )
When you only buy the coverage you truly need, the debate over medical insurance vs. life insurance might just be one you can avoid.
( 26
min )
Debt service coverage ratio (DSCR) is used to measure a company's cash flow available to pay current debt. Learn how to calculate DSCR in Excel.
( 22
min )
Learn about the business of reinsurance, a hidden industry that underpins the entire financial and insurance structure around the globe.
( 21
min )
Most dental insurance plans provide a yearly amount of maximum coverage, after which you have to pay for any expenses above that cap.
( 20
min )
How to manage those burdensome payments as you embark on your adult life.
( 26
min )
Today's best CD rates are 6.00% from American 1 Credit Union, 5.85% from One America Bank, and 5.80% from Finworth. Almost 40 CDs are paying rates of 5.50% or more.
( 19
min )
Compare Betterment and E*TRADE Core Portfolios, two robo-advisors on our list of the best, to see which one offers the portfolio management and investing features you need.
( 28
min )
The American Rule is the standard that two opposing sides in a legal matter pay their own attorney fees, whether they win or lose the case.
( 20
min )
A self-employed individual does not work for a specific employer who pays them a consistent salary or wage.
( 25
min )
U.S. equities ended August little changed, with the S&P 500 slipping 0.2% on Aug. 31, 2023, after a report showing a small rise in inflation raised hopes the Fed may back off further rate hikes
( 18
min )
Discover what your flexible spending account (FSA) will and won’t cover at the dental office before you make your next appointment.
( 21
min )
Socially responsible and ESG investing are gaining traction, especially with younger investors who also may be attracted to the technologically-focused investment platforms that robo-advisors provide.
( 25
min )
Hormel shares lost ground after the maker of Spam, Skippy Peanut Butter, and other foods missed earnings and revenue estimates, and cut its outlook on falling meat prices and a drop in sales in China.
( 17
min )
A transfer of physical assets (TPA) is involved when a HUD-insured loan is attached to a real estate transaction.
( 24
min )
Marginalism is an economic principle that decisions and adjustments to economic behavior occur incrementally rather than categorically.
( 19
min )
Business development is a process aimed at growing a company and making it more profitable and successful. Here is how it works.
( 27
min )
Controversy is nothing new for one of the most celebrated investors in history.
( 23
min )
Warren Buffett made waves when he said 90% of his wife’s assets would be allocated to stocks. Is it a good idea for typical investors to follow suit?
( 24
min )
The fear that leads to superior investment opportunities may be caused by macroeconomic events or short-term, non–moat damaging business results.
( 24
min )
Fellow investors have long praised—and envied—Warren Buffett's seemingly uncanny ability to pick stocks. Here is how he does it.
( 23
min )
Find out how the value investor bought up companies and made billions of dollars through his holding company’s investments.
( 30
min )
Warren Buffett, the Oracle of Omaha, has some timeless words of advice for successful investing.
( 24
min )
Here’s what a decentralized, blockchain-based internet promises, and where it may face issues.
( 21
min )
Shares of Okta rose 13.5% Thursday as growing cybersecurity concerns drove up demand for the company’s identification software.
( 16
min )
Learn how employability is affected by market and economic conditions. Find out how soft, hard, and technical skills affect a person’s employability.
( 28
min )
Current and potential hedge fund investors need to understand how much risk hedge funds take on in order to make money.
( 27
min )
Compare Merrill Guided Investing and E*TRADE Core Portfolios to learn how the investing platforms differ, and then decide which robo-advisor is best for you.
( 25
min )
A sovereign wealth fund is a state-owned investment fund used to benefit the country's economy and citizens.
( 21
min )
Business owners can ensure their small business is protected against financial loss with the right property and liability coverage.
( 20
min )
The forex market is open 24 hours a day because exchanges worldwide are open at overlapping times for 120 hours, from 5 p.m. EST on Sunday to 5 p.m. EST on Friday.
( 24
min )
International travel bookings rose 44% and domestic travel 4% for the 2023 Labor Day holiday, according to AAA, as cruise bookings gain and Canada, Alaska, and Europe are popular.
( 18
min )
Meme stocks describe the shares of companies that have gained a cult-like following on social media, which can influence share prices.
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min )
Economic rent is an excess payment made to or for a factor of production over and above the amount expected by its owner.
( 22
min )
Multiline insurance is a type of insurance policy that bundles exposures to risk and covers them under a single contract.
( 19
min )
Learn about the nuances of the CFA Level II exam, which goes more in-depth into investment management and portfolio concepts.
( 25
min )
To address anti-competition allegations by the European Commission, Microsoft plans to unbundle Teams for its suites starting in October.
( 17
min )
Offshore refers to a location outside of one's national boundaries, either land- or water-based. Learn about offshore banking, corporations, and investing.
( 27
min )
Revealed preference states that consumer behavior, if their income and the item's price are held constant, is the best indicator of their preferences.
( 20
min )
When civil and criminal penalties don't deter people from skipping out on their taxes, the IRS has other tools it can use.
( 22
min )
Neither rising prices nor the cooling job market have deterred consumers from cutting back on their spending—at least so far.
( 17
min )
Demand theory is a principle relating to the relationship between consumer demand for goods and services and their prices.
( 21
min )
The Biden administration expanded curbs on exports of certain AI chips beyond China to include several Middle Eastern countries, chipmaker Nvidia said in a regulatory filing.
( 18
min )
Wealthfront and Betterment both earned spots in our best robo-advisor awards. Compare the two robo-advisors to learn how their investing platforms can work for you.
( 28
min )
Series 6 and Series 7 are two Financial Industry Regulatory Authority (FINRA) license exams. Read on to learn about the licenses and how the tests differ.
( 22
min )
U.S. equities rose at midday on Thursday, Aug. 31, 2023 and headed for a fifth-straight winning session after a report showed inflation rose modestly last month, raising hopes the Fed might not hike interest rates.
( 16
min )
U.S.-based employers said they would be cutting 75,151 jobs in August, a 217% jump from July and 267% more than a year ago, according to a study by Challenger, Gray & Christmas.
( 17
min )
Dollar General shares tumbled after the discount retailer missed estimates and cut its outlook on softer sales, higher capital expenses, and losses from theft.
( 17
min )
A new deal makes using Buy with Prime easier for Shopify vendors—and brings Buy with Prime under the Shopify Payments umbrella.
( 18
min )
A double top is an extremely bearish technical reversal pattern that forms after a stock makes two consecutive peaks.
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min )
Regardless of your age, taking these five steps will help you build a solid retirement plan.
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min )
The Great Recession was caused by lending and investing practices that eventually led to a financial system collapse following a housing market crash.
( 23
min )
Mortgage rates dropped for a third day. The 30-year average has sunk to its lowest level in three weeks, and most loan types saw a double-digit decline.
( 20
min )
Price sensitivity is the degree to which the price of a product or service influences consumer purchases.
( 23
min )
Price transparency typically refers to the accessibility of information on the order flow for a particular stock.
( 19
min )
Robert Kiyosaki is a renowned author and entrepreneur, perhaps best known for his book 'Rich Dad Poor Dad.'
( 24
min )
Minority business grants are available from both private and public sources to assist entrepreneurs who identify as minorities in funding their businesses. Here's an overview of these grants, their eligibility criteria, application process, and required documentation, plus some tips for a successful application.
( 23
min )
UBS shares jumped more than 5% in early trading Thursday after the Swiss banking giant posted second-quarter earnings that blew past analysts' expectations after its acquisition of ailing rival Credit Suisse.
( 18
min )
Learn how to trade Dow Jones Index futures contracts, including the popular e-Mini Dow stock index futures.
( 25
min )
The National Labor Relations Board (NLRB) is an independent federal agency that enforces the National Labor Relations Act (NLRA) of 1935. Here is a look at its role and impact.
( 24
min )
Change in supply refers to a shift, either to the left or right, in the entire price-quantity relationship that defines a supply curve.
( 19
min )
Salesforce shares surged after the software company reported second quarter profit that beat estimates and lifted its full-year outlook as cost-cutting measures paid off.
( 17
min )
As a small business owner or manager, you can apply for small business grants from a variety of sources. Once you’ve found a suitable grant, you should make sure your application is as competitive as possible. In this guide, we’ll show you how.
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min )
Find out what the term "adverse selection" refers to in the insurance industry, and learn how insurance companies protect themselves from adverse selection.
( 22
min )
These six books cover the legendary investor's life and lessons from various angles—and are fun to read besides.
( 24
min )
Buying a franchise can be an easy way to get started in your own business, but there are some pitfalls, including upfront and ongoing costs. Here is how to investigate franchise opportunities.
( 24
min )
Lying on your resume is not only unethical, but it will damage your reputation and might result in legal action.
( 23
min )
The U-3 unemployment rate is the official rate but many prefer the U-6 rate as it includes underemployed, marginally attached, and discouraged workers.
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min )
The accumulated earnings tax is imposed on corporations with retained earnings deemed to be excessive for their "reasonable" business needs.
( 22
min )
A monetary base is the total amount of a currency in general circulation or in the commercial bank deposits held in the central bank's reserves.
( 23
min )
Dogs of the Dow is an investment strategy based on the 10-highest dividend-yielding stocks in the Dow Jones Industrial Average (DJIA).
( 23
min )
Unlevered free cash flow (UFCF) is a company's cash flow before interest payments are taken into account. UFCF can be reported in a company's financial statements or calculated using financial statements by analysts.
( 25
min )
Straddles and strangles are options strategies that take advantage of significant moves up or down in a stock's price. Learn the difference between them.
( 25
min )
A waiver is a legally binding provision where either party in a contract agrees to voluntarily forfeit a claim without the other party being liable.
( 23
min )
Personal loans with no income verification are available, but they often have sky-high interest rates and short repayment terms.
( 23
min )
Low-income loans can help those with limited income access funds for emergency expenses or other needs. Learn more about the types of loans available, eligibility requirements, and how to apply.
( 24
min )
Learn about income elasticity of demand and cross elasticity of demand and how to interpret these two measures of demand elasticity.
( 20
min )
An accessory dwelling unit (ADU) is a residential structure that shares the same lot as a primary structure.
( 23
min )
The cost of living is the amount a person needs to spend to cover basic expenses such as housing, food, taxes, and healthcare in a particular place.
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min )
Inflation is a broad increase in prices in an economy. Stagflation is a combination of high inflation with slow economic growth and high unemployment.
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min )
Companies seek equity financing from investors to finance short or long-term needs by selling an ownership stake in the form of shares.
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min )
Holland Norway Lines, dat met een ferry overtochten naar Noorwegen aanbiedt en woensdag uitstel van betaling heeft aangevraagd, ziet nog steeds een kans dat er weer gevaren gaat worden. Dat meldt het Nederlandse bedrijf in een bericht aan klanten.
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min )
De storing van het C2000-communicatienetwerk is voorbij, al is de oorzaak nog onbekend. Het netwerk kampte donderdagmiddag met een landelijke storing. Dat leidde volgens de politievakbonden tot onveilige situaties.
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min )
Het C2000-communicatienetwerk kampt donderdagmiddag met een landelijke storing. Het netwerk wordt gebruikt door de politie en veel andere hulpdiensten. Agenten op straat krijgen geen verbinding met de meldkamers, wat tot onveilige situaties leidt.
( 5
min )
Supermarktketen Jan Linders verkoopt nog eens vier vestigingen aan Jumbo. Eerder kocht de geelzwarte formule al zes supers van het Limburgse bedrijf. Hoeveel geld met de deal is gemoeid, is niet bekendgemaakt.
( 3
min )
De inflatie in Nederland is in augustus gedaald naar 3 procent, mede vanwege een nieuwe rekenmethode. Veel NUjij'ers dachten dat de boodschappen dus ook goedkoper werden, maar dat klopt niet. Economieredacteur Thijs Rösken legt uit wat dalende inflatie precies betekent.
( 3
min )
E-bikemaker VanMoof wordt overgenomen door e-stepmerk Lavoie, onderdeel van het Britse McLaren Applied. Dat melden de curatoren donderdag. Lavoie is van plan verder te groeien door de overname en de activiteiten van VanMoof verder te ontwikkelen.
( 4
min )
Het C2000-communicatienetwerk kampt donderdagmiddag met een landelijke storing. Het netwerk wordt gebruikt door de politie en veel andere hulpdiensten. Agenten op straat krijgen geen verbinding met de meldkamers, wat tot onveilige situaties leidt.
( 4
min )
Deelnemers aan Burgernet ontvangen vanaf vrijdag geen sms-berichten meer als iemand wordt vermist of gezocht. De politie gebruikt voortaan de Burgernet-app om de hulp van burgers in te schakelen.
( 3
min )
Deelnemers aan Burgernet ontvangen vanaf vrijdag geen sms-berichten meer als iemand wordt vermist of gezocht. De politie gebruikt voortaan de Burgernet-app om de hulp van burgers in te schakelen.
( 3
min )
De Zwitserse bank UBS wil de eerder dit jaar overgenomen concurrent Credit Suisse volledig opnemen in het eigen bedrijf. Daarbij gaan duizenden banen verloren. UBS behoedde Credit Suisse eerder dit jaar van een faillissement door een overname.
( 4
min )
De inflatie in Nederland is in augustus gedaald naar 3 procent. Dat komt mede door een nieuwe rekenmethode. Het winkelmandje met producten waarmee het cijfer wordt berekend, verandert continu. NU.nl-lezers vroegen zich af: hoe wordt die inflatie dan vastgesteld?
( 3
min )
Energieleverancier Eneco gaat bij een Gronings windpark spitsmijden op het stroomnet. Het bedrijf laat de windmolens op piekmomenten zo draaien, dat ze maar weinig wind vangen. Dat doet Eneco als het plaatselijke stroomnet overbelast is.
( 3
min )
De begroting voor volgend jaar is zo goed als rond. Het demissionaire kabinet trekt 2 miljard euro uit om vooral de laagste inkomens te steunen.
( 4
min )
De consumentenprijzen in eurolanden zijn in augustus 5,3 procent hoger dan een jaar eerder. Daarmee is de inflatie precies even hoog als in juli. Waar in Nederland de inflatie door goedkopere energie flink is gedaald, is dat effect in de hele eurozone niet zo groot.
( 4
min )
Privacyorganisatie None of your business (Noyb) heeft bij verschillende Europese privacytoezichthouders geklaagd over smartwatchfabrikant Fitbit. Volgens de belangenclub worden Fitbit-gebruikers gedwongen om toestemming te geven voor de overdracht van hun persoonlijke gegevens naar landen buiten de Europese Unie.
( 4
min )
ProRail gaat de komende jaren steeds vaker doordeweeks en overdag onderhoud doen aan het spoor. Volgend jaar zal vooral de Friese reiziger dat merken. In de jaren daarna gebeurt dit ook in andere delen van het land. Dat meldt ProRail donderdag.
( 4
min )
De Zwitserse bank UBS wil de eerder dit jaar overgenomen concurrent Credit Suisse volledig opnemen in het eigen bedrijf. Daarbij gaan duizenden banen verloren. UBS behoedde Credit Suisse eerder dit jaar van een faillissement door een overname.
( 4
min )
Wie bij 'snip' nog steeds denkt aan een biljet van 100 gulden, kan vandaag nog proberen de vogel terug op een bankbiljet te krijgen. De eurobiljetten krijgen (bijna) allemaal een nieuw ontwerp en vogels zijn een van de mogelijke thema's.
( 4
min )
Winkeliers zagen hun omzet in juli 5 procent hoger uitkomen dan een jaar eerder. Maar dat komt wel vooral door prijsverhogingen, want consumenten kochten juist minder. Er werden 2,8 procent minder producten verkocht.
( 3
min )
De inflatie valt in augustus veel lager uit dan in de voorgaande maanden. De consumentenprijzen zijn nu slechts 3 procent hoger dan een jaar eerder. Sinds september 2021 is dit percentage niet meer zo laag geweest. Afgelopen juli was de inflatie nog 4,6 procent.
( 5
min )
De Nederlandse aardgasreserves zijn naar verwachting over minder dan negen jaar uitgeput. "Als we bij het huidige tempo gas blijven oppompen en er worden geen nieuwe aardgasreserves ontdekt, dan is het op", stelt Peter Hein van Mulligen, hoofdeconoom bij statistiekbureau CBS.
( 4
min )
De prijs van een koophuis is momenteel vijf maal zo hoog als in 1993. Betaalde je dertig jaar terug nog gemiddeld ongeveer 80.000 euro voor een woning, inmiddels is dat 434.000 euro.
( 4
min )
De inflatie over de maand augustus valt behoorlijk veel lager uit dan in de afgelopen maanden. Consumentenprijzen stegen ten opzichte van vorig jaar met 3,0 procent. In juli was dat nog 4,6 procent. Sinds september 2021 was dit percentage niet meer zo laag.
( 4
min )
De Nederlandse aardgasreserves zijn naar verwachting over minder dan negen jaar uitgeput. "Als we bij het huidige tempo gas blijven oppompen en er worden geen nieuwe aardgasreserves ontdekt, dan is het op", stelt Peter Hein van Mulligen, hoofdeconoom bij statistiekbureau CBS.
( 4
min )
De prijs van een koophuis is momenteel vijf maal zo hoog als in 1993. Betaalde je dertig jaar terug nog gemiddeld ongeveer 80.000 euro voor een woning, inmiddels is dat 434.000 euro.
( 4
min )
How far can good vibes push the market? That’s a question investors should think about, especially if events pan out as investing legend Leon Cooperman believes they will. The billionaire hedge fund manager does not see the current rally in stocks as anything sustainable, and cautions that it is built more on positive sentiment than on anything solid. Moreover, he holds a pessimistic outlook regarding the S&P 500‘s ability to not only reach but also surpass its peak level of 4,800 achieved back
( 35
min )
The decline in the second quarter was the biggest since 2008, except for the first quarter, which saw a 48% drop, Redfin said.
( 31
min )
New York Attorney General Letitia James raised the allegation in a lawsuit seeking $250 million and sanctions that would halt the Trump Organization's operations in New York.
( 31
min )
Moves in the Vietnamese EV start-up's shares serve up lessons it can take seasoned traders years to learn.
( 27
min )
(Bloomberg) -- Key Nvidia Corp. partner Quanta Cloud Technology expects to double sales of its artificial intelligence servers in 2024 and demand to persist over the longer term as businesses weave AI into their operations and services.Most Read from BloombergUS Health Officials Urge Moving Pot to Lower-Risk CategoryStocks Up Again in ‘Bad News Is Good News’ World: Markets WrapSingapore S$1 Billion Laundering Scandal Embroils Its Banking GiantsFed Ramps Up Demands for Corrective Actions by Regio
( 32
min )
Hurricane Idalia today did much less damage than Hurricane Ian did last year.
( 27
min )
Today's best CD rates include a new record of 6.00% from American 1 Credit Union. Runners-up include 5.85% from One America Bank and 5.80% from Finworth.
( 20
min )
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Learn about which types of mutual funds pay the highest dividends, including how dividend stock and bond funds generate the highest dividend yields.
( 18
min )
Lenders reported a net loss of $534 per mortgage origination in the second quarter of 2023, according to the Mortgage Bankers Association.
( 32
min )
Apple poured over $600 billion into buybacks in the decade to March 31, exceeding Alphabet, Microsoft, and Meta's combined spending.
( 32
min )
The Biden administration has blocked sales of some of Nvidia’s most-prized microchips to the Middle East amid rising concerns about China’s access to the critical artificial intelligence resources.
( 32
min )
CEO R.J. Scaringe's base salary is now $1 million a year, up from $650,000.
( 26
min )
The settlement was announced Wednesday without Plug Power admitting or denying any wrongdoing.
( 18
min )
"I have no desire to get to work at four in the morning."
( 32
min )
“It takes 20 years to build a reputation and five minutes to ruin it," the Sage of Omaha said. "If you think about that, you'll do things differently.”
( 32
min )
The company also announced a $5 million donation that its independent foundation will use to launch a grant program to support people and organizations on the front lines of health care in underserved populations who are driving innovation in global health.
( 20
min )
The Biden Administration has a punchy target to install 30 gigawatts of offshore wind by the end of the decade. That won’t happen until the numbers stack up for struggling wind farm players.
Shares in Ørsted, the world’s top developer of offshore wind projects, fell 24% Wednesday after the Danish c
( 22
min )
Carriers are offering discounts to avoid rising credit-card fees, but consider important factors before making any changes.
( 26
min )
The oldest advice in the financial markets is to buy low and sell high. The trick to winning, however, is to find the right stocks to buy, and to remember that ‘buy low’ doesn’t always mean these stocks can’t go lower. Sometimes the best bargains really do come in at the lowest prices. There are plenty of stocks under $10 that won’t break your bank and still offer substantial upside potential. How substantial? Well, the analysts at investment banking giant Oppenheimer have pinpointed two winners
( 34
min )
He considers his two wedding rings to be his top investments, though.
( 32
min )
To come up with their list, the strategists assessed free cash flow as well as cash burn or spending for the previous 12 months.
( 27
min )
Fundamentals are improving more slowly than the company had hoped, prompting management to lower its outlook for the October 2023 fiscal year.
( 26
min )
Stephanie Ruhle confirmed that she had three phones: a work phone, a personal phone and a “Kevin Plank phone”.
( 33
min )
The Commerce Department’s second estimate of growth last quarter marked a slight acceleration from a 2% annual growth rate from January through March. The American economy — the world’s largest — has proved surprisingly durable in the midst of the Fed’s aggressive campaign to stamp out a resurgence of inflation, which last year hit a four-decade high. Since March of last year, the Fed has raised its benchmark rate 11 times, making borrowing for everything from cars to homes to business expansions much more expensive and prompting widespread predictions of a coming recession.
( 31
min )
The Wall Street speculator that famously bet against Enron this time took aim at the inflated value of VinFast, the world's third largest carmaker by market cap.
( 32
min )
Johnson & Johnson maintains its quarterly dividend of $1.19 a share after spinning out consumer-health company Kenvue, although it lowers its earnings and sales projections.
( 27
min )
Nvidia is cheaper than Alphabet, Microsoft and Apple on a growth-adjusted basis according to Melius Research.
( 27
min )
The company started charging some users for ChatGPT earlier this year.
( 31
min )
Johnson & Johnson on Wednesday forecast 12.5% growth in its annual adjusted profit after completing the separation of consumer health company Kenvue. The company expects 2023 adjusted reported earnings per share of $10.00 - $10.10 in 2023, reflecting increased growth of 12.5% at the mid-point.
( 29
min )
(Bloomberg) -- Orsted A/S shares plunged the most on record after the renewable energy company warned of impairments of as much as 16 billion Danish kroner ($2.3 billion) to its US portfolio because of supply chain issues and soaring interest rates. Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesPutin Agrees to Visit China in First Trip Since Arrest WarrantWhat to Do With a 45-Story Skyscraper and No TenantsSingapore Money Laundering Case Embroils City’s
( 32
min )
↘️ HP (HPQ): The maker of computers and printers trimmed its outlook for the current fiscal year and said it expects pricing pressures to continue. Shares fell nearly 9% premarket.
↘️ [Hewlett Packard Enterprise (HPE)](https://www.wsj.com/market
( 22
min )
Tesla shares fall after the stock saw its largest one-day percentage increase since March, VinFast trades higher following a slump of 44% in the previous session, HP Inc. trims its outlook for fiscal 2023, and Nvidia dips after setting a record closing high.
( 26
min )
(Bloomberg) -- Equity futures edged higher on speculations the Federal Reserve is nearing the end of its tightening campaign, while persisting concerns over China’s economic recovery weighed on its equities.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesPutin Agrees to Visit China in First Trip Since Arrest WarrantCrypto Scores Landmark US Legal Win With Grayscale ETF RulingWhat to Do With a 45-Story Skyscraper and No TenantsStocks Up Most Since June as F
( 33
min )
Burger King is being sued by unhappy customers who claim its flagship Whopper burger is too small.
( 30
min )
A federal court on Tuesday swatted down the SEC's reasoning for denying one such products. It was one of the most widely anticipated rulings this year.
( 39
min )
The company is a spinout from J&J. For income seekers, that link remains vital.
( 39
min )
Powell is right: Risk management pays. This options strategy works if stocks rise—and also if they fall.
( 26
min )
Nvidia Corp’s soaring rally has thrilled investors this year - except for the sizeable number of fund managers who avoided what they believe to be an expensive stock. Across nearly 330 mutual funds benchmarked to the S&P 500 or a similar index, only 15% held an above-index weight in Nvidia, according to a Morningstar analysis of the funds' most recent regulatory filings. Among those funds that held a below-average weight in Nvidia, 85% underperformed the index so far this year, Morningstar's data showed.
( 33
min )
Oil prices extended gains on Wednesday after industry data showed a large draw in crude inventories in the U.S., the world's biggest fuel consumer, and as concerns about a hurricane in the Gulf of Mexico kept investors on edge. Brent crude futures for October rose 17 cents, or 0.2%, to $85.66 a barrel by 0133 GMT. U.S. crude stocks declined by about 11.5 million barrels in the week ended Aug. 25, according to market sources citing American Petroleum Institute figures on Tuesday.
( 31
min )
China's embassy in Washington on Tuesday defended its business practices after U.S. Commerce Secretary Gina Raimondo said U.S. firms had told her that China had become "uninvestible." Asked to respond to the comments Raimondo made in China, embassy spokesperson Liu Pengyu said that most of the 70,000 U.S. firms doing business in China wanted to stay, that nearly 90% were profitable, and that Beijing was working to further ease market access for foreign companies. "China is actively advancing its high-level opening-up and making efforts to provide a world-class, market-oriented business environment governed by a sound legal framework," he said.
( 30
min )
Tech stocks were extending their recent recovery on Tuesday, with the tech-heavy NASDAQ surging 1.74%. The good news, according to Wedbush’s Daniel Ives – a 5-star analyst rated in the top 2% of the Street’s stock pros – is the development of a tech rally that is anticipated to conclude the year on a bullish note. Ives doesn’t hesitate to explain his stance, writing in a recent note on the situation and prospects for tech stocks: “We see tech stocks rallying into year-end as the new tech bull ma
( 34
min )
A yearly renewable term is a one-year term life insurance policy that can be continued year after year for a more expensive premium. Here's how these policies work.
( 21
min )
The Federal Emergency Management Agency has just $3.4 billion in the fund it uses to respond to disasters and help victims—an amount that can quickly be depleted by hurricanes and other catastrophes.
( 20
min )
Investors bought 50,000 homes in the second quarter, the lowest for any second quarter in seven years, and down by nearly half from the second quarter of 2022, according to Redfin.
( 17
min )
McMansion is a negative term that refers to a large, often-ostentatious suburban home that lacks style or uniqueness.
( 22
min )
Personal loans are not considered income and cannot be taxed unless the loan is forgiven.
( 24
min )
Today's best CD rates include a new record of 6.00% from American 1 Credit Union. Runners-up include 5.85% from One America Bank and 5.80% from Finworth.
( 19
min )
Learn the factors that affect the profitability of companies in the insurance sector.
( 21
min )
India is offering $2.1 billion in incentives to tech firms that manufacture PCs, laptops, and other electronic devices in the country, and received 32 bids so far.
( 16
min )
U.S. equities rose, with the S&P 500 closing 0.4% higher on Wednesday, Aug. 30, 2023 after jobs and GDP data raised expectations the Fed may pull back on rate hikes.
( 16
min )
While life insurance is not essential for a baby, here are the benefits of getting a small policy.
( 24
min )
Learn some of the important differences in how the NYSE and Nasdaq operate and the securities that trade on each exchange.
( 26
min )
Learn about which types of mutual funds pay the highest dividends, including how dividend stock and bond funds generate the highest dividend yields.
( 18
min )
China has been the largest exporter of goods in the world since 2009. Official estimates suggest the total value of its exports was $3.71 trillion in 2022.
( 22
min )
Personal income is the total compensation from several sources collectively received by all individuals or households in a country.
( 21
min )
A Certified Senior Consultant was someone certified in key issues facing seniors, including government benefits, income streams, and long-term care.
( 18
min )
Alphabet's Google scheduled its Made by Google event for October 4 in New York City, where it is expected to unveil its new Pixel 8 and Pixel 8 Pro phones and an updated smart watch.
( 17
min )
The COBRA health insurance program allows an individual to retain the coverage of employer-offered insurance in the event of job loss.
( 30
min )
A poverty trap is a mechanism that makes it very difficult for people to escape poverty.
( 24
min )
With an impending increase in US interest rates and lower, even negative rates, elsewhere in Europe and Japan, we assess the impact on private equity.
( 20
min )
Nominal is a common financial term with several different contexts, referring to something small, an unadjusted rate, or the face value of an asset.
( 22
min )
Self-directed investing provides more control over your investments, but robo-advisors do the hard work for you
( 24
min )
Landlords own the property, but tenants have unique protections from discrimination, harassment, rent increases, and wrongful eviction.
( 27
min )
The Dow divisor is a numerical value that is used to calculate the level of the Dow Jones Industrial Average (DJIA).
( 22
min )
Robo-advisors provide customized advice perfect for beginners and hands-off investors, while self-directed brokerage accounts give you flexibility to control your portfolio.
( 24
min )
Electric vehicle (EV) sales in Europe surged more than 50% from a year ago in July, driven by rising demand, greater availability of parts, and easing supply chain constraints.
( 18
min )
The labor market has gotten worse for workers in recent months, but depending on the industry you work in, you still might have a lot of job options—and leverage
( 17
min )
Disguised unemployment is unemployment with low productivity that does not affect aggregate output.
( 20
min )
Johnson & Johnson on Wednesday released its first earnings forecast as a standalone pharmaceutical and medical devices company, estimating double-digit growth in earnings this year.
( 17
min )
HP shares tumbled after warning that the market for PCs and printers remains soft, and it reduced its full-year guidance.
( 16
min )
U.S. equities gained at midday on Wednesday, Aug. 30, 2023 after reports of slowing private sector job growth and a downward revision of GDP raised optimism the Fed might not hike rates.
( 16
min )
In the digital age, investors can choose between human-powered online brokers and AI-driven robo-advisors. Both offer benefits for investing in the stock market, but which is better for you?
( 25
min )
Brown-Forman shares dropped after the maker of Jack Daniel’s and other alcoholic drinks missed profit and sales estimates on higher costs and falling demand for its premium products.
( 17
min )
Exchange traded funds (ETFs) provide diversified access to different areas of the market, while robo-advisors can help you build a personalized portfolio.
( 24
min )
How to pay your rent, mortgage, insurance, utilities, and other important bills if you are short on cash due to various circumstances.
( 27
min )
Learn about the advantages and disadvantages of using the S&P 500 as a benchmark for portfolio performance.
( 21
min )
Wegovy maker Novo Nordisk is buying Embark Biotech for $16 million, in a move that could boost Novo Nordisk's portfolio of weight loss treatments.
( 17
min )
Find out why the dividend yield for the S&P 500 Index remains historically low, and what dividend yields used to look like before the Internet Age.
( 23
min )
Similar to the mortgage-backed securities that led to the 2008 recession, student loan asset-backed securities might cause the next financial crisis.
( 26
min )
A negative balance in shareholders' equity (also called stockholders' equity) means that liabilities exceed assets and can be caused by a few reasons.
( 22
min )
U.S. financial regulators unveiled a new set of rules designed to prevent more bank failures, dealing another blow to regional banks that could be burdened with more requirements.
( 20
min )
The S&P 500 Dividend Aristocrats index tracks the performance of blue-chip companies. A dividend aristocrat tends to be a large blue-chip company.
( 23
min )
A rising wedge is a bearish stock pattern formed by converging trend lines. Use technical analysis indicators to spot and interpret rising wedge patterns.
( 21
min )
The Dow Jones Global Titans 50 Index launched in 1999, consisting of 50 of the largest multinational corporations in the world.
( 19
min )
De Nederlandse aardgasreserves zijn naar verwachting over minder dan negen jaar uitgeput. "Als we bij het huidige tempo gas blijven oppompen en er worden geen nieuwe aardgasreserves ontdekt, dan is het op", stelt Peter Hein van Mulligen, hoofdeconoom bij het Centraal Bureau voor de Statistiek (CBS).
( 4
min )
Al meer dan twee jaar daalt het aantal Nederlanders dat een bijstandsuitkering ontvangt. Jongeren vormen hierop een uitzondering: onder hen stijgt het aantal ontvangers juist.
( 3
min )
Europese landen hebben in de eerste zeven maanden van dit jaar 40 procent meer vloeibaar gas van Rusland ingekocht dan in dezelfde periode in 2021, voor de Russische invasie van Oekraïne. Dat schrijft de Financial Times op basis van een rapport van ngo Global Witness.
( 4
min )
Burger King moet zich voor de rechter verantwoorden voor zijn plaatjes van de Whopper. De rundvleesburger ziet er in advertenties rijkgevulder uit dan hij in werkelijkheid is, zeggen verontwaardigde klanten van de fastfoodketen.
( 3
min )
Nieuwe inflatiecijfers laten zien dat het niet makkelijk is om de prijsstijgingen te beteugelen. Ondanks maatregelen van de ECB en overheden stijgt de inflatie in Spanje al twee maanden op rij. Ook in België en Duitsland blijft het gewenste effect uit.
( 5
min )
Holland Norway Lines, dat met een veerboot overtochten naar Noorwegen aanbiedt, heeft uitstel van betaling aangevraagd. Het schip vaart voorlopig niet en ook de kaartverkoop ligt stil.
( 3
min )
De provincie Noord-Holland heeft te makkelijk een vergunning afgegeven voor de bouw van een biomassacentrale in Diemen. Voordat Vattenfall de centrale gaat bouwen, moet het energiebedrijf onderzoek doen naar de gevolgen voor het milieu.
( 4
min )
De Nederlandse smartphonefabrikant Fairphone presenteerde woensdag zijn vijfde duurzame en eerlijke toestel. De Fairphone 5 wordt volgens het bedrijf gemaakt met oog voor zowel mens als milieu. Daarnaast belooft de telefoonmaker dat de smartphone jaren meegaat.
( 5
min )
De provincie Noord-Holland heeft te makkelijk een vergunning afgegeven voor de bouw van een biomassacentrale in Diemen. Voordat Vattenfall de centrale gaat bouwen, moet het energiebedrijf onderzoek doen naar de gevolgen voor het milieu.
( 3
min )
De Nederlandse smartphonefabrikant Fairphone presenteerde woensdag zijn vijfde duurzame en eerlijke toestel. De Fairphone 5 wordt volgens het bedrijf gemaakt met oog voor zowel mens als milieu. Daarnaast belooft de telefoonmaker dat de smartphone jaren meegaat.
( 5
min )
De winst van het Russische gasbedrijf Gazprom is in de eerste helft van dit jaar fors gedaald. Dat komt voornamelijk door de sterk afgenomen gasleveringen aan Europa.
( 3
min )
Nu chatbot ChatGPT steeds populairder wordt, ligt moederbedrijf OpenAI op koers om een jaaromzet van 1 miljard dollar (0,9 miljard euro) te draaien.
( 3
min )
De Volksbank moet een boete van 4,5 miljoen euro betalen omdat ze de risico's rond bepaalde leningen jarenlang te laag heeft ingeschat. Dat heeft de Europese Centrale Bank besloten.
( 3
min )
De prijzen die Nederlandse industriebedrijven vragen voor hun goederen waren in juli lager dan een jaar eerder. Het is de vierde maand op rij dat de prijzen zijn gedaald.
( 4
min )
We brengen vanwege klimaatverandering steeds vaker de vakantie door in Noorwegen en Zweden. Dat zegt reiskoepel ANVR, die het aantal Nederlanders dat naar Scandinavië gaat met tientallen procenten ziet stijgen in vergelijking met 2019, het laatste jaar voor corona.
( 4
min )
VinFast stock snapped a six-day winning streak, hard. Shares fell 43.8% Tuesday, wiping out about $90 billion in market value.
( 26
min )
Starting in 2026, people over 50 will have to make catch-up contributions to Roth 401(k)s. The was previously slated to change in 2024.
( 26
min )
(Bloomberg) -- HP Inc. reduced its full-year cash flow and profit outlook, saying a rebound in the market for personal computers will take longer than expected. The shares declined about 5.5% in extended trading.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesPutin Agrees to Visit China in First Trip Since Arrest WarrantWhat to Do With a 45-Story Skyscraper and No TenantsCrypto Scores Landmark US Legal Win With Grayscale ETF RulingStocks Up Most Since June
( 32
min )
To come up with their list, the strategists assessed free cash flow as well as cash burn or spending for the previous 12 months.
( 27
min )
In a recent episode of "The Ramsey Show," renowned radio host and personal finance expert Dave Ramsey delivered a straightforward message to a young woman from Orlando, Florida. Ramsey bluntly stated, "Ouch. You've screwed yourself. You've really made yourself a mess." This response came after the woman, identified as 28-year-old Selena, shared her recent financial decision to withdraw $26,000 from her 403(b) retirement account to fund a down payment for home construction, with the intention of
( 32
min )
(Bloomberg) -- Trinity Regional Hospital Sachse, a full-service hospital and emergency room near Dallas, filed for bankruptcy with plans to sell itself just two years after opening.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesPutin Agrees to Visit China in First Trip Since Arrest WarrantWhat to Do With a 45-Story Skyscraper and No TenantsCrypto Scores Landmark US Legal Win With Grayscale ETF RulingStocks Up Most Since June as Fed Bets Sink Yields: Marke
( 30
min )
(Bloomberg) -- Mullen Automotive Inc. has accused brokerages TD Ameritrade and Charles Schwab of facilitating naked short selling and damaging the electric-vehicle company’s stock price. Most Read from BloombergPutin Agrees to Visit China in First Trip Since Arrest WarrantCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesWhat to Do With a 45-Story Skyscraper and No TenantsUS Court Paves Way for Spot Bitcoin ETF in Grayscale RulingS&P 500 Climbs 1% as Traders Dial Back Fed Wagers: M
( 32
min )
In 2019, The Walt Disney Co. celebrated several major successes, including the launch of Disney+ with 10 million subscribers on Day 1, a massive $71 billion acquisition of Fox's entertainment assets and the release of "Avengers: Endgame," the second-highest-grossing movie ever. These achievements showcased Disney's ability to leverage its intellectual property (IP) across various platforms, from theaters to theme parks and streaming. Fast forward almost four years, and doubts have emerged about
( 33
min )
↘️ Hawaiian Electric Industries (HE): The utility company’s stock was down more than 3% in afternoon trading following a big jump Monday. A unit of Hawaiian Electric [denied Monday](https://www.wsj.com/us-news/climate-environment/hawaiian-electric-den
( 24
min )
Globalstar also hires other executives from startup founded by Paul Jacobs.
( 25
min )
Shares of Broadcom, Nvidia, and AMD are rising Tuesday as the sector looks to regain favor with investors.
( 26
min )
A spot-based Bitcoin ETF is now likely coming. Coinbase and other Bitcoin-related stocks are surging.
( 27
min )
Bitcoin rose Tuesday, extending gains after a court ruled that the Securities and Exchange Commission should not have rejected asset manager Grayscale's spot bitcoin exchange-traded fund applicatio
( 22
min )
The golden age of wage growth may be over, according to a new ZipRecruiter survey.
( 32
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An appeals court rules the SEC acted arbitrarily when it denied Grayscale's attempt to convert its Bitcoin trust into an ETF.
( 26
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Investors don't know the fate of the famous American manufacturer. Something big is likely to happen though.
( 26
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Are you maxing out the 401(k) plan you have at work every year? Do you still have money left for saving and investment after contributing the maximum to your 401(k) and maybe an IRA or two? If so, then you … Continue reading → The post Executive Deferred Compensation Plans appeared first on SmartAsset Blog.
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Managers are being ordered to dodge employees' questions about how the latest budget cuts will impact their pay.
( 32
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(Bloomberg) -- Mat Ishbia, the new owner of the Phoenix Suns, pledged more than half of mortgage giant UWM Holdings Corp.’s outstanding shares to secure loans before buying the NBA team for a record $4 billion.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesPutin Agrees to Visit China in First Trip Since Arrest WarrantWhat to Do With a 45-Story Skyscraper and No TenantsStocks Up, Yields Down as Data Fuel Fed Skip Bets: Markets WrapAuto Union Boss Wants 46%
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With home prices hitting record highs, you’d think more people would be putting their houses up for sale—but most people with 30-year fixed-rate mortgages got them at a time when mortgage rates were much lower.
( 18
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The markets have experienced a period of volatility over the past month, raising questions about where they might be heading next. Has the year’s strong rally hit a brick wall, or is it just a pause before the next leg up? It’s a question that has been fielded to Goldman Sachs’ chief U.S. equity strategist David Kostin. The good news for investors is that going by the direction the wider economy is taking, Kostin makes some reassuring noises on the matter. Decelerating inflation data offers conf
( 34
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Citi’s Michael Rollins raised Verizon and AT&T to Buy from Neutral but kept a High Risk rating on both stocks, as investors wait for more news on lead-sheathed cable exposure.
( 27
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Steelmaker says it has “multiple unsolicited proposals” that include buyouts.
( 25
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Steelmaker says it has “multiple unsolicited proposals” that include buyouts.
( 25
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Oracle upgraded, Farfetch downgraded: Wall Street's top analyst calls
( 33
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Nvidia shares have largely moved sideways since its latest earnings. The risks posed by a potential customer slowdown, further China restrictions and growing competition might all be playing on investors' minds.
( 27
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Nvidia shares have largely moved sideways since its latest earnings. The risks posed by a potential customer slowdown, further China restrictions and growing competition might all be playing on investors' minds.
( 27
min )
Citi’s Michael Rollins raised Verizon and AT&T to Buy from Neutral but kept a High Risk rating on both stocks, as investors wait for more news on lead-sheathed cable exposure.
( 27
min )
(Bloomberg) -- Bank of Montreal put aside more money for potentially sour loans and severance costs as it absorbs Bank of the West during a difficult period for US regional lenders. Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesAuto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against Detroit CarmakersGoldman Is Selling a Wealth-Advisory Unit to $240 Billion Money ManagerChina’s Worsening Economic Slowdown Is Rippling Across the Globe3M Agrees
( 32
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Experts explain that the risky move—which many tie to plans for the founder to step down—could allow the company to catch up with key trends in private board practices that make a board more agile.
( 32
min )
The IRS recently announced some welcome news for higher-income workers with 401(k)s and similar retirement plans. The agency delayed implementing a new rule that would have required catch-up contributions made by people earning over $145,000 to be directed into an after-tax Roth account. The rule change was originally set to start in 2024, but will […] The post Good News for People Who Make $145K: IRS Delays New Catch-Up Contribution Rule Until 2026 appeared first on SmartReads by SmartAsset.
( 32
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(Bloomberg) -- PDD Holdings Inc.’s revenue rose a stronger-than-expected 66% after the company behind hit shopping app Temu spent to boost growth at home and abroad to counter a bumpy post-pandemic recovery.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesAuto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against Detroit CarmakersGoldman Is Selling a Wealth-Advisory Unit to $240 Billion Money ManagerChina’s Worsening Economic Slowdown Is Rippling A
( 33
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Jassy reportedly told staff: "It's past the time to disagree and commit."
( 33
min )
NIO reports an adjusted second-quarter loss of 45 cents a share from sales of $1.2 billion. Wall Street was looking for a per-share loss of about 33 cents a share on sales of $1.3 billion.
( 26
min )
Heavy investment pouring into the U.S. auto sector helps make the company an interesting play on an American manufacturing renaissance.
( 28
min )
Plug Power has increased its investment, jobs and hydrogen production plans for its Genesee County plant.
( 9
min )
NIO and Best Buy are scheduled to post quarterly earnings on Tuesday, AT&T and Verizon stocks are upgraded, Heico falls after its earnings report, and 3M's board has approved a $6 billion earplugs settlement, according to The Wall Street Journal.
( 27
min )
(Bloomberg) -- VinFast Auto Ltd. is unprofitable, thinly traded and exciting individual investors as it rises faster than any other large-cap stock worldwide.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesAuto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against Detroit CarmakersGoldman Is Selling a Wealth-Advisory Unit to $240 Billion Money ManagerChina’s Worsening Economic Slowdown Is Rippling Across the Globe3M Agrees to Pay More Than $5.5 Bi
( 33
min )
(Bloomberg) -- China’s biggest-selling auto brand withstood a raging price war that engulfed the country this year, with BYD Co. posting second-quarter profit that surged 145% and sending its shares climbing. Most Read from BloombergAuto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against Detroit CarmakersGoldman Is Selling a Wealth-Advisory Unit to $240 Billion Money ManagerCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesChina’s Worsening Economic Slowdown Is Rippling
( 32
min )
The largest dividend-payers in the energy sector of the S&P 1500 include oil and gas producers and pipeline companies.
( 27
min )
"For the first time in a long time, we are seeing customers reduce or cancel orders due to softening end-use demand," a survey respondent said.
( 31
min )
"When you go from record-low mortgage rates to levels that we haven't seen for almost 20 years, you've destroyed both demand and supply," El-Erian said.
( 31
min )
Happy talk from Washington, consistently low unemployment, and a slowing pace of inflation have combined to support a positive market sentiment – but can it last? ‘Shark Tank’ star Kevin O’Leary believes it won’t, and he does not hesitate to list the headwinds that could bring ‘real chaos’ by the year’s end. The key factor is higher interest rates. The Federal Reserve has already pushed rates up to their highest level in over 20 years, and the repercussions are spreading. O’Leary takes special c
( 34
min )
Today's best CD rates are 5.85% from One America Bank, 5.80% from Finworth, and 5.75% from Abound Credit Union, MapleMark Bank, or BluPeak Credit Union.
( 19
min )
An 800-plus credit score shows that you're an exceptional borrower. Here's how to get one and how to enjoy all the benefits it entitles you to.
( 25
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A subprime borrower is a person who is considered to be a relatively high credit risk for lenders and who may have a harder time obtaining credit, especially at good interest rates.
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An authorized transaction is a debit or credit card payment for which the merchant has received approval from the card-issuing bank. In most cases today, the authorization process is electronic and virtually instantaneous.
( 22
min )
The September Effect is a calendar anomaly that refers to historically weak stock market returns for the month of September.
( 22
min )
U.S. equities gained, with the S&P 500 closing 1.5% higher on Tuesday, Aug. 29, 2023, as jobs data boosted hopes of a rate hike pause.
( 16
min )
A year and a half into the Federal Reserve’s campaign of anti-inflation interest rate hikes meant to slow the economy, companies are only just beginning to feel the impact on their finances.
( 17
min )
The maker of peanut butter, jelly, and other food products posted a fiscal 2024 first quarter profit of $2.21 per share, exceeding analysts’ estimates.
( 17
min )
Shares of Big Lots skyrocketed after the discount furniture and home products retailer posted a lower-than-expected loss and decline in sales as customer demand improved.
( 17
min )
Segregated Witness (SegWit) refers to a soft fork change in the transaction format of Bitcoin.
( 22
min )
Leading global GDP growth rates are increasing the attention on the Reserve Bank of India.
( 24
min )
Seventy-four of the top 100 metropolitan areas saw house prices rise over the last four quarters.
( 17
min )
Apple has announced a Sept. 12 date for its latest event, expected to highlight the iPhone 15 and an update for the Apple Watch.
( 17
min )
The savings account at Apple Bank offers competitive rates, but are they competitive enough? We reviewed Apple Bank so you can decide if the bank is right for you.
( 21
min )
The oil and gas exploration and production sector currently makes up around 3.8% of the global economy.
( 23
min )
The U.S. Court of Appeals for the D.C. Circuit has ruled the SEC will need to review Grayscale's application for the launch of a spot bitcoin ETF again.
( 17
min )
Fiscal Policy is the sister strategy to monetary policy, through which a central bank influences a nation's money supply.
( 26
min )
The Kyoto Protocol is an international agreement adopted in 1997 that aimed to reduce carbon dioxide emissions and the presence of greenhouse gases.
( 27
min )
Capital One savings account interest rates are higher than average, and the bank doesn’t charge monthly maintenance fees or have a minimum deposit requirement.
( 21
min )
The tech giant announced a host of new products aiming to capitalize on artificial intelligence demand at its Cloud Next conference Tuesday.
( 16
min )
Best Buy (BBY) on Tuesday reported better-than-expected earnings for its latest fiscal quarter, but acknowledged a challenging sales backdrop as consumers bought fewer electronics and appliances.
( 18
min )
U.S. equities rose at midday on Tuesday, Aug. 29, 2023, boosted by tech stocks, as new job openings data raised optimism the Fed may ease off monetary tightening.
( 16
min )
SEC Form 13F is a quarterly report filed by investment managers to the Securities and Exchange Commission that discloses their U.S. equity holdings.
( 23
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Through Lending Club’s high-yield savings accounts, you can earn a higher-than-average APY with no monthly service fees. All you need to get started is $100.
( 21
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The house price index (HPI) is a broad measure of the movement of single-family house prices in the United States.
( 22
min )
Marcus by Goldman Sachs only offers a few account types, but what it does offer, it does well. Learn how you can benefit from its online high-yield savings account.
( 22
min )
ADRs of Chinese multinational commerce group PDD Holdings jumped on higher sales at its e-commerce sites Pinduoduo and Temu.
( 16
min )
Catalent shares surged after the struggling drug manufacturer said it would conduct a strategic review and made a deal with activist investor Elliott Investment Management.
( 18
min )
State Farm is more than just an insurance company. It offers banking services and competitive interest rates for its savings account.
( 20
min )
ADRs of Nio sank after the Chinese electric vehicle maker posted a wider loss and lower revenue as deliveries dropped.
( 17
min )
You can earn a higher-than-average APY with a TD Bank savings account. But TD Bank only offers the highest interest rates on accounts with high balances.
( 21
min )
By 2026, Medicare recipients could pay lower prices for 10 of the most expensive and widely used prescription drugs.
( 19
min )
Wells Fargo offers two types of savings accounts, but the rates are low unless you carry a large balance.
( 22
min )
A cryptocurrency wallet is a software program that stores your cryptocurrency keys and lets you access your coins. Discover how crypto wallets work.
( 26
min )
A savings account is an essential part of your financial toolbox. Learn about Ally Bank savings accounts and their rates and decide if they are a fit for you.
( 21
min )
Current and capital accounts represent two halves of a nation's balance of payments: net income and net change of assets and liabilities respectively.
( 22
min )
A system malfunction has led Toyota to suspend operations in all 14 of its plants in Japan, disrupting its supply chain and temporarily impacting output.
( 17
min )
With home prices hitting record highs, you’d think more people would be putting their houses up for sale—but most people with 30-year fixed-rate mortgages got them at a time when mortgage rates were much lower.
( 16
min )
BYD reported a 204.7% jump in profit in the first half of the year, stemming from its auto segment as deliveries broke a record.
( 17
min )
A warm card is a type of bank card that provides restricted access to a business account. Typically, these cards allow deposits but not withdrawals.
( 21
min )
Personal loan rates moved up again this week, to 21.11%, adding 24 basis points since last week when the average personal loan rate sat at 20.87%.
( 18
min )
Reduce the cost of owning and maintaining a car with these clever tax tips.
( 22
min )
Delaware provides favorable tax shelters, which has led high numbers of companies to incorporate there.
( 22
min )
Credit rating agencies assess the creditworthiness of companies and governments and the debt they issue, while credit bureaus provide credit information on individual consumers.
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min )
These are the top 10 most heavily weighted stocks in the S&P 500 Index.
( 25
min )
Beer is a complex beverage shaped by supply and demand, production and distribution – with regulation thrown in for that extra kick.
( 24
min )
Low working capital can be either a sign of financial trouble or an indication of savvy business management. Learn more about how to judge the difference.
( 20
min )
De prijzen voor elektrisch rijden per laadpunt zijn niet altijd even duidelijk voor consumenten, blijkt uit onderzoek van de Consumentenbond. Ook verschillen de laadtarieven soms flink. Experts en NU.nl-lezers geven tips over hoe je je auto toch goedkoop kunt opladen.
( 4
min )
Opsporingsdiensten van zeven landen, waaronder Nederland, hebben vrijdag en zaterdag samen een groot crimineel netwerk van gehackte computers ontmanteld. Met het netwerk van 700.000 gehackte computers konden hackers fraude plegen of bedrijven afpersen.
( 3
min )
De Franse overheid probeert bedrijven nog meer aan te moedigen om de prijzen te verlagen. Ook ligt er een plan om kortingen op verzorgingsproducten te maximeren. Supermarktketen Carrefour merkt dat Fransen de hand op de knip houden en wil uitstel.
( 4
min )
Barça Media, een dochterbedrijf van profvoetbalclub FC Barcelona, verhuist zijn hoofdkantoor naar Nederland. Het hoopt hierdoor beter toegang te krijgen tot Amerikaanse investeerders. Het is het tweede Spaanse bedrijf in korte tijd dat naar ons land komt.
( 4
min )
China heeft mensen in andere landen geprobeerd te beïnvloeden met ruim 7.700 spam-accounts op Facebook en Instagram. Facebook-moederbedrijf Meta zegt dat het alle accounts heeft verwijderd in wat het bedrijf 'de grootste opruimactie ooit' noemt.
( 3
min )
Het gevaar van betaalproblemen en restschulden bij aflossingsvrije hypotheken is in de afgelopen drie jaar grotendeels geweken. Het aantal huishoudens met een risicovolle aflossingsvrije hypotheek is afgenomen van bijna 600.000 begin 2020 naar ruim 200.000 nu.
( 4
min )
Frankrijk ziet het zonnig in: het meestbezochte land ter wereld verwacht dit jaar maar liefst 67 miljard euro aan inkomsten uit toerisme. Dat is fors meer dan de 58 miljard euro van vorig jaar.
( 3
min )
De populaire Volkswagen-curryworst maakt binnenkort een comeback in de bedrijfskantine van het autobedrijf. De kantine in het directiegebouw schrapte de worst in 2021 van het menu, omdat die geen vlees- en visproducten meer verkocht.
( 4
min )
NU.nl kiest elke dag een actueel onderwerp waarover jij uitgebreid met medelezers van gedachten kunt wisselen. De prijzen voor elektrisch laden kunnen flink verschillen per laadpunt, blijkt uit onderzoeken van de Consumentenbond. Rijd jij in een elektrische auto? Hoe zorg je ervoor dat je goedkoop kunt laden? Deel je tips!
( 2
min )
Het risico op betaalproblemen en restschulden op aflossingsvrije hypotheken is in de afgelopen drie jaar voor een groot deel verdwenen. Het aantal huishoudens met een risicovolle aflossingsvrije hypotheek daalde van bijna 600.000 begin 2020 naar ruim 200.000 nu.
( 4
min )
De populaire Volkswagen-curryworst maakt binnenkort een comeback in de bedrijfskantine van het autobedrijf. De kantine in het directiegebouw schrapte de worst in 2021 van het menu, omdat die geen vlees- en visproducten meer verkocht.
( 4
min )
De technische storing bij de Britse luchtverkeersleiding die maandag is ontstaan, kan volgens BBC News "nog dagen aanhouden". Vanwege de storing zijn al honderden vluchten geannuleerd.
( 3
min )
Nederland wordt steeds minder afhankelijk van Duitsland. Dat is een van de redenen dat de Nederlandse economie bovengemiddeld snel hersteld is van de coronacrisis.
( 3
min )
De populaire Volkswagen-curryworst maakt binnenkort een comeback in de bedrijfskantine van het autobedrijf. De kantine in het directiegebouw schrapte de worst in 2021 van het menu, omdat die geen vlees- en visproducten meer verkocht.
( 4
min )
De technische storing bij de Britse luchtverkeersleiding die maandag is ontstaan, kan volgens BBC News "nog dagen aanhouden". Vanwege de storing zijn al honderden vluchten geannuleerd.
( 3
min )
A box-top order is an order to buy or sell the best market price.
( 18
min )
The Fed has already pushed CD rates to record levels—as high as 5.85%. But it still has three 2023 meetings to go. Will it nudge interest rates even higher this year?
( 17
min )
U.S. equities added to last week's gains, with the S&P 500 closing up 0.6% on Monday, Aug. 28, 2023, following Fed Chair Powell's interest rate hike comments.
( 16
min )
Novocure shares plunged after the provider of cancer-fighting treatments reported a Phase 3 trial of its Tumor Treating Fields (TTFields) therapy for ovarian cancer patients failed to meet its goal.
( 17
min )
Ever since a pandemic-era protection for Medicaid recipients expired in March, states have removed more than 5.4 million people from the rolls—with some states showing more gusto for disenrolling than others
( 17
min )
Today's best CD rates are 5.85% from One America Bank, 5.75% from Abound Credit Union, MapleMark Bank, and BluPeak Credit Union, and 5.70% from Langley Federal Credit Union.
( 21
min )
Learn about the fundamental concept of supply and demand and how it relates to individual daily purchases.
( 22
min )
Medical tool supplier Danaher moved to expand its product offerings by purchasing British biotech firm Abcam Plc for $5.7 billion, including debt.
( 16
min )
Inflation and the value of money have an inverse relationship. Inflation decreases the value of a dollar, making what you have today worth less tomorrow.
( 25
min )
ChatGPT Enterprise offers faster performance and uncapped data usage and has already been deployed by companies including Block, Canva, and Estee Lauder.
( 17
min )
Over four million consumers have been cheated out of almost $3.1 billion, CFPB says.
( 18
min )
The U.S. Department of Transportation fined American Airlines for violating its rules on tarmac delays of three hours or more.
( 18
min )
MINT (Mexico, Indonesia, Nigeria, Turkey) is an acronym that refers to a group of countries with the potential to realize rapid economic growth.
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min )
The Big Five Banks is a term to describe the five largest banks in Canada: Royal Bank, The Bank of Montreal, Canadian Imperial Bank of Commerce, The Bank of Nova Scotia and TD Canada Trust.
( 22
min )
Goldman Sachs on Monday agreed to sell off its Personal Financial Management (PFM) unit to Creative Planning, a Kansas-based Registered Investment Advisor (RIA).
( 17
min )
A government policy has microeconomic effects whenever its implementation alters the inputs and incentives for individual economic decisions.
( 21
min )
Life settlements allow life insurance owners to sell a policy they no longer want or need. Here's how these deals work.
( 23
min )
Employers having a hard time filling jobs could get some help from a source that’s traditionally boosted the U.S. economy—immigration.
( 19
min )
Grocery delivery app Instacart filed its application for an Initial Public Offering (IPO) on Friday after the easing pandemic cut its valuation before a previous attempt late last year.
( 17
min )
The Express is live and direct from Invest Fest 2023, the flagship event from Earn Your Leisure, as 20,000 attendees flock to Atlanta to learn wealth building, entrepreneurship, and investing lessons from some of the biggest names in the business.
( 19
min )
Examining the gross domestic product growth and composition of Mexico, the second-largest economy in Latin America.
( 25
min )
U.S. equities gained at midday on Monday, Aug. 28, 2023, adding to Friday's advance following interest rate comments from Fed Chair Jerome Powell.
( 16
min )
Rates on 30-year mortgages rose moderately, but thanks to a notable dip in the previous days, rates are still below the 22-year high they reached early last week.
( 20
min )
3M shares jum reports the conglomerate has tentatively settled lawsuits over accusations of hearing loss by members of the military who used its earplugs.
( 18
min )
Boston Scientific (BSX) reported positive results from a clinical trial for an electrical field system to treat patients with atrial fibrillation (AF).
( 16
min )
Financial analysts work in different ways. Learn about potential conflicts of interest and whether a sell-side, buy-side, or independent analyst is for you.
( 24
min )
Initial vehicle deliveries in Belgium, Switzerland, and the Netherlands are slated for the end of September.
( 18
min )
Read about the impact of quantitative easing, or QE, on stock market prices, and learn the potential implications of ending this monetary policy.
( 22
min )
Horizon Therapeutics shares jumped more than 5% early trading Monday after the FTC said it would suspend its challenge to Amgen's acquisition of the drug maker.
( 18
min )
Jabil shares jumped after agreeing to sell its mobility business to the electronics arm of EV maker and Apple vendor BYD for $2.2 billion.
( 17
min )
The price of an option, otherwise known as the premium, has two basic components: intrinsic value and time value.
( 20
min )
Chinese start-up Xpeng eliminated a potential rival and gained tech by acquiring mobility company DiDi's smart EV development arm, leading its shares to soar.
( 17
min )
Stellar, which shares similarities with Ripple, is a low-cost, open-source, distributed ledger platform.
( 21
min )
Driverless cars have piqued human interest for centuries. A true driverless car, however, has remained elusive until recently.
( 26
min )
Fears are rising that China is headed for an economic "hard landing" due to its property sector's debt accumulation—leading to concerns it may impact other international economies.
( 19
min )
A survey of July mortgage performance data by analytics firm Black Knight finds that foreclosure activity has hit its lowest level in 15 months, as serious delinquencies continue to fall.
( 18
min )
Common policy declarations contain the basic information that defines an insurance policy, such as the amount of coverage, premium, and policy terms.
( 20
min )
Maximum Foreseeable Loss (MFL) is the largest financial hardship a policyholder may have after an adverse event damages or destroys covered property.
( 20
min )
Your health insurance plan has set co-pays for doctor visits and prescriptions, as well as a deductible. But what’s the difference between the two?
( 23
min )
Discover the impact that Amazon has on the greater U.S. economy in terms of wage growth, inflation, and wealth creation.
( 26
min )
There are significant obstacles preventing perfect competition in today's economy, and many economists think it is better that way. Learn more about why this happens.
( 22
min )
A security deposit is money that is given to a lender, seller, or landlord as proof of intent and may be used to pay for damages caused by a renter.
( 19
min )
All-risks coverage is insurance coverage for any incident that an insurance policy doesn’t specifically exclude.
( 18
min )
Chain banking is a form of bank governance that occurs when a small group of people control at least three banks that are independently chartered.
( 22
min )
Bitcoin's debut as an investment vehicle may be complicated by the rehypothecation and commingling practices of Wall Street firms.
( 19
min )
(Bloomberg) -- In a hotel ballroom overlooking the South China Sea, 24-year-old Taylor sits with 13 other university students in hoodies and sneakers coding away on laptops during their school break. Most Read from BloombergChina’s Worsening Economic Slowdown Is Rippling Across the Globe3M Agrees to Pay More Than $5.5 Billion Over Combat EarplugsAuto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against Detroit CarmakersGoldman Is Selling a Wealth-Advisory Unit to $240 Billion Money Man
( 35
min )
Workhorse Group fell short in its first try to get shareholders to more than double the number of outstanding shares in the electric step van maker. The post Workhorse falls short on votes to increase share count appeared first on FreightWaves.
( 32
min )
“China has now seen consistent and large outflows for the past 18 months, as investors grow wary of autocracies,” IIF chief economist Robin Brooks wrote in a Sunday post.
( 32
min )
Medical Properties Trust is responding to a skeptical take on its Prospect deal.
( 15
min )
The cuts at the Los Angeles-based insurance company amount to 11% of its workforce. They come as insurers have shown increasing reluctance to write policies for Californians.
( 32
min )
Through Friday, the market benchmark was down 5.3%, while the tech stock had fallen 9.1%.
( 26
min )
Here's what has changed, what has not, and what has stayed the same since the July bid for the Pittsburgh steelmaker became public two weeks ago.
( 10
min )
Personal finance expert Dave Ramsey has raised concerns about the growing popularity of adjustable-rate mortgages (ARMs). In a recent episode of "The Ramsey Show," Ramsey didn't hold back in describing ARMs as a "ticket to foreclosure" rather than a pathway to homeownership. In the episode, co-host George Kamel brought up a "passive-aggressive" question posted on Experian regarding whether adjustable-rate mortgages could help people purchase homes. Ramsey made it clear that he saw a potentially
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min )
Ever wondered where the truly wealthy stash their cash? It’s a question that fascinates many, and the answer might surprise you. A recent survey by Bank of America Private Bank sheds light on the financial habits of millionaires in the United States. It turns out that the wealthiest Americans, particularly those ages 21 to 42 with at least $3 million in investable assets, are taking a different approach to wealth management than their older counterparts. According to the survey, these young mill
( 32
min )
After toppling Bud Light to become the best-selling beer brand in the U.S. on the year, Modelo Especial has extended its lead over the beleaguered Anheuser-Busch brand.
( 32
min )
“Copper’s eventual bull run is likely to make oil’s famous 2008 rally look like child’s play,” Citi’s managing director for commodities research, told clients.
( 33
min )
The popular A.I. open-source platform Hugging Face was already a unicorn in 2022, but the company just keeps drawing in major funding.
( 33
min )
In the realm of wise investors and business moguls, Charlie Munger, the billionaire business partner of Warren Buffett, is a source of valuable advice. His interests span wide, but they all converge on a singular focus: the pursuit of wealth, happiness and the avoidance of making dumb mistakes. During the 2023 Berkshire Hathaway Inc. annual meeting, Buffett expressed his desire to be born in the present day, considering it a superior world compared to any before. He acknowledged that modern comm
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min )
As the chairman of O’Leary Ventures and a star on the reality TV show “Shark Tank,” Kevin O’Leary has seen a lot of business triumphs and blunders. But what’s been happening to Bud Light lately still strikes him as unprecedented. In a recent interview with Fox Business, O’Leary said that Bud Light's situation is unheard of in the beer industry. “Beer brands take decades to build and usually are fighting [for] 1% to 2% share per year by spending hundreds of millions of dollars on advertising,” he
( 33
min )
Inflation has been a big concern for both the Federal Reserve and investors. But according to Tom Lee, co-founder and head of research at Fundstrat Global Advisors, this concern will soon diminish. "I think inflation is on a glide path towards sub three, sub two by the middle of next year," Lee said on CNBC recently. In July, the consumer price index (CPI) rose 3.2% from a year ago. Core CPI, which excludes food and energy, showed a 12-month increase of 4.7%. Both metrics increased by 0.2% month
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min )
Through Friday, the market benchmark was down 5.3%, while the tech stock had fallen 9.1%.
( 26
min )
VinFast stock is soaring again on heavy trading volume. The average holding period for VinFast stock is less than two days.
( 26
min )
There is good news for investors in the aerospace company a few days after a quality problem with a supplier knocked a few dollars off the stock price.
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Just because something hasn’t happened yet, doesn’t mean it isn’t about to. That essentially is the view of legendary investor Stanley Druckenmiller on the prospect of a looming recession. Unlike other financial prognosticators, Druckenmiller hasn’t flip-flopped on the issue and has remained adamant a recession is on the way. “To me the probabilities haven’t changed,” Druckenmiller has said, “it has been pushed out relative to expectations, but in no way does the fact that it hasn’t started yet
( 34
min )
Nvidia upgraded, CrowdStrike downgraded: Wall Street's top analyst calls
( 33
min )
China’s Ministry of Finance on Sunday said it would halve stamp duty on securities transactions, to 0.05%, starting Monday.
( 27
min )
The electric-vehicle company announced it has opened up new European distribution markets in Belgium, the Netherlands, and Switzerland.
( 26
min )
XPeng plans to launch a new EV brand in 2024, targeting the mass market segment at a price range of around 150,000 Chinese yuan ($20,565).
( 27
min )
Smaller owners of hotels are finding it tough to compete against giant players like Host. The Hersha takeover may not be the last opportunistic move by private equity we see in the lifestyle hotel segment.
( 31
min )
Buybacks can often be a key ingredient to stock market returns for investors.
( 26
min )
The industrial scientific-supplies company agrees to acquire all shares outstanding for $24.00 each.
( 26
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3M is said to be close a settlement, estimated at about $5.5 billion, that could resolve hundreds of thousands of lawsuits from veterans blaming the company's earplugs for hearing loss.
( 9
min )
Everyone is talking about an anonymous memo containing damning—and potentially fabricated—accusations against the hedge fund.
( 32
min )
The electric-vehicle company announced it has opened up new European distribution markets in Belgium, the Netherlands, and Switzerland.
( 26
min )
The Wall Street Journal reports that 3M is nearing a $5.5 billion settlement to resolve claims over potentially faulty earplugs. The amount is lower than analysts expected.
( 26
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The company made a blowout debut on Wall Street this month and has quickly grown in valuation to become the third-most valuable automaker - only behind Tesla and Toyota. But Vinfast's small amount of publicly available shares has made the stock prone to volatility, with shares jumping or slumping more than 14% in 11 of the past 12 sessions. The stock was on track to add nearly $50 billion to its market capitalization, based on the premarket share price of $90.55.
( 31
min )
Taiwanese microchip manufacturer TSMC blames struggle to build Phoenix plant on skilled labor shortage but workers cite disorganization and safety concerns
( 36
min )
XPeng plans to launch a new EV brand in 2024, targeting the mass market segment at a price range of around 150,000 Chinese yuan ($20,565).
( 27
min )
Years of disappointment have sapped investor interest in the Californian maker of fuel-cell electricity generators, but now power-starved data center owners are knocking.
( 26
min )
Bitcoin is giving up gains made over the weekend.
( 26
min )
(Bloomberg) -- Beaten-down US Treasuries are proving irresistible to some investors even after Federal Reserve Chair Jerome Powell said he’s ready to raise interest rates again to choke off inflation.Most Read from BloombergChina’s Worsening Economic Slowdown Is Rippling Across the GlobeMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate Polls3M Agrees to Pay More Than $5.5 Billion Over Combat EarplugsSaudi Arabia’s Interested in Champi
( 32
min )
(Bloomberg) -- Viasat Inc. has more than $1 billion of orbiting satellites in trouble, and space insurers are girding for market-rattling claims.Most Read from BloombergChina’s Worsening Economic Slowdown Is Rippling Across the GlobeMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate Polls3M Agrees to Pay More Than $5.5 Billion Over Combat EarplugsSaudi Arabia’s Interested in Champions League Football EntryThe company’s roughly $1 billi
( 34
min )
Homeowners are responding to a sharp rise in the cost of a policy.
( 26
min )
Chinese ride-hailing firm Didi Global has agreed to sell its electric vehicle (EV) arm to EV maker Xpeng in exchange for shares worth HK$5.84 billion (US$744 million), exiting a once promising business that is now crowded with 200 licensed players. Guangzhou-based Xpeng will issue the shares at HK$64.03 apiece, according to exchange filings by the two companies on Monday. Beijing-based Didi, which was slapped with an 8 billion yuan (US$1.1 billion) fine for data violations by China's internet wa
( 33
min )
Interest on federal loans restarts on Friday and the first payments are due in October.
( 27
min )
The contract electronics manufacturer says the deal is the largest in its history.
( 27
min )
3M is a nearing a settlement of about $5.5 billion that would resolve claims it sold faulty combat earplugs to the U.S. military, The Wall Street Journal reports, Jabil reaches an agreement to sell its mobility business to BYD Electronic for about $2.2 billion, and shares of Alibaba and JD.com rise after the Chinese government says it will reduce a tax on trading.
( 27
min )
BENGALURU (Reuters) -India's Reliance Industries Ltd on Monday appointed the three children of Chairman Mukesh Ambani as board directors at the oil-to-telecoms conglomerate, as the billionaire prepares to eventually hand over the reins. Ambani, Asia's richest person, has previously said his children Isha, Akash and Anant would have significant roles in the business and that Reliance was "in the process of effecting a momentous leadership transition". Mukesh Ambani was re-appointed as chairman of the company for another five years in July.
( 32
min )
China’s Ministry of Finance on Sunday said it would halve stamp duty on securities transactions, to 0.05%, starting Monday.
( 27
min )
JPMorgan analysts have indicated that the recent corrective phase in the cryptocurrency markets, accompanied by liquidations, might have concluded.
( 30
min )
(Bloomberg) -- Chinese stocks jumped after authorities announced a slew of measures to woo back investors including a reduction of the stamp duty on stock trades and a slower pace of initial public offerings. The yuan also strengthened. Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate PollsChina Stocks May Open Higher on Measures to Boost MarketChina’s Worsening Economic Slowdown Is Rippling Across the Globe3M
( 33
min )
Tail risk refers to the risk of an asst moving three standard deviations from its current price on the back of a rare event.
( 32
min )
Here is your Pro Recap of the biggest analyst picks and cuts you may have missed today: upgrades at Forward Air, Zimmer Biomet, and UGI, and downgrades at CrowdStrike and L3Harris Technologies. Crowdstrike (NASDAQ:CRWD) shares fell more than 2% premarket today after Morgan Stanley downgraded the company to Equalweight from Overweight and cut its price target to $167.00 from $178.00 ahead of Q2/24 earnings announcement on Wednesday. Morgan Stanley believes that the consensus forecast for NNARR is overly optimistic at 6% year-over-year growth in Q3 and sees a downside to a 12% growth estimate in Q4.
( 32
min )
(Bloomberg) -- China Evergrande Group delayed key votes on its offshore-debt restructuring plan just hours before they were to occur Monday, adding to uncertainty in a protracted process to finalize one of the country’s biggest restructurings ever.Most Read from BloombergChina’s Worsening Economic Slowdown Is Rippling Across the GlobeMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate Polls3M Agrees to Pay More Than $5.5 Billion Over Mi
( 33
min )
I insisted for years that a seasonal pattern doesn’t exist for stocks. A recent study has changed my mind.
( 26
min )
(Bloomberg) -- Tech billionaire Terry Gou denied Beijing could pressure him through his extensive operations in the country, which include much of Apple Inc.’s supply chain — in comments that came as he said he’d run in Taiwan’s next presidential election.Most Read from BloombergChina’s Worsening Economic Slowdown Is Rippling Across the GlobeMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate Polls3M Agrees to Pay More Than $5.5 Billion
( 32
min )
Regulators cut stamp duty and plan to reduce IPO supply.
( 26
min )
If you liked the chip maker in January, you should like it now. The stock hasn't had such a low forward price/earnings ratio since the price was a lot lower.
( 26
min )
Malaysia will create a "special financial zone" in embattled Chinese developer Country Garden's $100 billion project in the Southeast Asian nation and offer incentives to attract investments, Prime Minister Anwar Ibrahim said. The massive Forest City project is being build across four reclaimed islands in Malaysia's Johor state near Singapore, and aims to house 700,000 people by 2035. It will include office towers, malls and schools in addition to residential buildings.
( 31
min )
(Bloomberg) -- Didi Global Inc. has agreed to sell its smart car development arm to Xpeng Inc. for HK$5.84 billion ($744 million), exiting a promising business in the world’s largest electric vehicle market.Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTwitchy Traders Have S&P 500 Comebacks Fizzling at Historic PaceTrump Doesn’t Look So Invincible in Post-Debate PollsChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketThree US Marines Killed After O
( 31
min )
China Evergrande Group, the world’s most indebted developer, narrowed its first-half loss significantly mainly due to an absence of impairment loss on investments.
( 25
min )
XPeng’s shares rose sharply in Hong Kong after the electric-vehicle maker announced a strategic partnership with ride-hailing giant DiDi Global.
( 25
min )
(Bloomberg) -- Asian stocks look poised to follow US equities with modest gains Monday after Jerome Powell said the Federal Reserve would “proceed carefully” on whether to raise interest rates again, while signaling policy will remain tighter for longer.Most Read from BloombergMarkets Brace for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate PollsThree US Marines Killed After Osprey Crash in AustraliaChina Cuts Stock Trade Tax, Tightens IPOs to Boost
( 33
min )
(Bloomberg) -- China Evergrande Group is poised to resume stock trading on Monday, ending a 17-month halt, after the world’s most-indebted developer unveiled a $4.5 billion loss in the first half.Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTwitchy Traders Have S&P 500 Comebacks Fizzling at Historic PaceTrump Doesn’t Look So Invincible in Post-Debate PollsChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketThree US Marines Killed After Osprey Crash
( 32
min )
Bitcoin, Ether and other top 10 non-stablecoin cryptocurrencies held steady, despite Fed chair Jerome Powell's hawkish comments on U.S. inflation.
( 32
min )
(Bloomberg) -- Chinese stocks jumped after authorities announced a slew of measures to woo back investors including a reduction of the stamp duty on stock trades and a slower pace of initial public offerings. Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate PollsChina Stocks May Open Higher on Measures to Boost MarketChina’s Worsening Economic Slowdown Is Rippling Across the GlobeThree US Marines Killed After
( 32
min )
(Bloomberg) -- The electronics arm of electric-vehicle maker BYD Co. agreed to buy Jabil Inc.’s manufacturing business in China for 15.8 billion yuan ($2.2 billion), expanding its reach in mobile devices.Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate PollsChina Stocks May Open Higher on Measures to Boost MarketChina’s Worsening Economic Slowdown Is Rippling Across the GlobeThree US Marines Killed After Ospre
( 31
min )
HONG KONG (Reuters) -Shares of China Evergrande Group shed 86.7% early on Monday when trading resumed following a 17 month suspension, after saying it had "adequately" fulfilled all guidance issued by the Hong Kong Stock Exchange. Evergrande, the world's most-indebted property developer, is at the centre of a crisis in China's property sector that since late 2021 has seen a string of debt defaults. Its shares listed in Hong Kong traded as low as HK$0.22 on Monday, with its market capitalisation shrinking to HK$3.2 billion ($408.02 million).
( 30
min )
Layoffs are down, but employers are still finding ways to cut jobs.
( 22
min )
China's car hailing giant Didi said it is selling its autonomous vehicle unit to electric car company Xpeng, forming a strategic partnership to launch a new car brand in 2024. To acquire assets related to Didi's smart EV project, Xpeng will issue class A shares representing about 3.25% of the company's outstanding share capital, Xpeng said.
( 31
min )
Charlene Chu, senior analyst at Autonomous Research, talks to Barron's about China’s ailing economy, high debt, troubled real-estate market, and opaque banking system.
( 26
min )
(Bloomberg) -- Global investors have little confidence that China will succeed in shoring up its financial markets, predicting that mounting economic stress will drive the yuan’s offshore exchange rate to historic lows.Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTwitchy Traders Have S&P 500 Comebacks Fizzling at Historic PaceTrump Doesn’t Look So Invincible in Post-Debate PollsChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketThree US Marines Ki
( 32
min )
Onze economie kon vorig jaar flink profiteren van het groeiend aantal toeristen. Buitenlandse en Nederlandse vakantiegangers gaven samen 96 miljard euro uit in ons land, ongeveer 60 procent meer dan in coronajaar 2021.
( 3
min )
De tarieven van openbare laadpalen kunnen flink uiteenlopen, zelfs binnen één straat. Bovendien zijn de prijzen voor consumenten lang niet altijd duidelijk. Dat blijkt uit onderzoek van de Consumentenbond.
( 4
min )
Door een lek bij het Kadaster was het mogelijk om namen en woonadressen van bijna alle Nederlanders met een koopwoning te bekijken. Dat bevestigen het Kadaster en de Autoriteit Persoonsgegevens maandag na berichtgeving van RTL Nieuws.
( 3
min )
De speelgoedwinkels van Intertoys staan in de verkoop. Moederbedrijf Mirage Retail Group heeft dat besloten omdat het denkt dat dat beter is voor Intertoys, bevestigt topman Michiel Witteveen na berichtgeving van Het Financieele Dagblad (FD).
( 4
min )
Britse luchtverkeersleiders moeten maandag het aantal vliegtuigen in het luchtruim beperken vanwege een technisch probleem. Luchtvaartmaatschappijen en luchthavens verwachten veel vertragingen en geannuleerde vluchten. Ook het vliegverkeer vanaf Schiphol wordt geraakt.
( 3
min )
Britse luchtverkeersleiders moeten maandag het aantal vliegtuigen in het luchtruim beperken vanwege een technisch probleem. Luchtvaartmaatschappijen en luchthavens verwachten veel vertragingen en geannuleerde vluchten. Ook het vliegverkeer vanaf Schiphol wordt geraakt.
( 3
min )
Je hebt tot en met donderdag 31 augustus de tijd om zorgtoeslag en huurtoeslag over 2022 aan te vragen. "Vaak denken mensen dat ze geen recht hebben op toeslagen, terwijl dit wel zo is", schrijft de Belastingdienst. Ook is het de laatste week waarin je belastingaangifte kunt doen.
( 4
min )
De Europese Centrale Bank (ECB) zal de rente voorlopig niet verlagen vanwege de hoge inflatie. Dat zei de Franse minister van Financiën Bruno Le Maire maandag op de radio.
( 3
min )
De politie stopt met het gebruik van een algoritme dat voorspelt wie in de toekomst geweld zou kunnen gebruiken. Dat zegt een woordvoerder van de politie na berichtgeving door Follow the Money.
( 3
min )
Bij het internationale ruimtestation ISS zijn vier nieuwe bemanningsleden aangekomen, meldt NASA op X (voorheen Twitter). Ze blijven daar nu ongeveer een half jaar om meer dan tweehonderd experimenten te doen ter voorbereiding op andere ruimtemissies.
( 3
min )
Na bijna twee jaar moet een grote groep ondernemers achterstallige belastingen uit de coronatijd echt gaan betalen. Duizenden ondernemers staken tot nu toe hun kop in het zand, maar moeten voor komende dinsdag 29 augustus in actie komen.
( 7
min )
De overheid had eind 2022 nog een tekort van slechts 1,4 miljard euro in de schatkist. Door economische groei en bijvoorbeeld inkomsten uit online kansspelen klimt de overheid uit een financieel dal.
( 4
min )
Op NU.nl vind je elke dag een stelling die bij het nieuws past. Er is dit jaar een recordaantal warmtepompen verkocht. Vandaag is daarom de stelling: 'Een warmtepomp is onmisbaar vanwege de hoge gasprijzen'. Breng je stem uit en discussieer mee.
( 2
min )
Woningeigenaren kopen dit jaar waarschijnlijk een recordaantal warmtepompen. Er zijn dit jaar al meer dan 110.000 exemplaren geïnstalleerd, net zo veel als in heel 2022. De verwachting is dat aan het einde van het jaar 170.000 pompen zijn geplaatst.
( 3
min )
Discover how globalization can lead to unprecedented economies of scale for firms across the world, leading to higher global efficiency and productivity.
( 20
min )
A hard fork occurs when there is a permanent split in a blockchain. An airdrop occurs when a new cryptocurrency token is deposited directly into users’ wallets.
( 19
min )
Consumer affairs expert Dr. Kathryn J. Morrison takes us inside the auto loan process from application to signing on the dotted line.
( 27
min )
Websites and credit cards can offer you direct and indirect sources of free money to pay off your student loan.
( 26
min )
A cryptocurrency is a digital or virtual currency that uses cryptography and is difficult to counterfeit.
( 30
min )
A bordereau is a report provided by an insurance company for a reinsurer that lists either assets that are insured or claims that have been made.
( 18
min )
Target-date funds may seem like an obvious choice but they have some drawbacks compared to S&P 500 Index funds.
( 23
min )
Learn more about fiat currency and legal tender. Find out how these terms are used by economists to describe different types of money.
( 19
min )
Expected loss ratio (ELR) method is a technique used to determine the projected amount of claims, relative to earned premiums. The expected loss ratio method is used when an insurer lacks the appropriate past claims occurrence data.
( 19
min )
A zero-lot-line house is a piece of residential real estate in which the structure comes up to, or very near to, the edge of the property line.
( 18
min )
GNF, or the Guinea franc, is the currency of the Republic of Guinea.
( 19
min )
DigiCash was one of the earliest versions of electronic money and a predecessor of cryptocurrencies.
( 19
min )
IOTA (MIOTA) is a distributed ledger designed to record and execute transactions between devices in the Internet of Things (IoT) ecosystem.
( 22
min )
Becoming a landlord can be challenging but also rewarding, depending on various factors.
( 23
min )
Renting a car when you're taking a trip provides numerous advantages but hidden costs can come back to bite you if you don't know what to look for.
( 18
min )
(Bloomberg) -- Fortescue Metals Group Ltd. said the company’s chief executive officer of its iron ore division, Fiona Hick, had resigned after less than six months in the role.Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTwitchy Traders Have S&P 500 Comebacks Fizzling at Historic PaceTrump Doesn’t Look So Invincible in Post-Debate PollsThree US Marines Killed After Osprey Crash in AustraliaChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketHick, w
( 31
min )
Electric vehicle maker BYD Co Ltd said on Monday its unit struck a deal with U.S.-based manufacturing firm Jabil Inc's Singaporean unit to buy its product manufacturing business in China for 15.8 billion yuan ($2.17 billion). ($1 = 7.2890 Chinese yuan renminbi)
( 30
min )
Legendary investor Peter Lynch has a straightforward perspective on corporate insiders and their actions in the stock market. He put it simply: insiders may sell shares for a range of reasons, but they only buy shares when they believe the price is going to rise. Keeping a close watch on insiders’ stock purchases can prove to be a profitable investment strategy. Corporate insiders, which include company officers and board members, possess valuable knowledge about company policies and performance
( 35
min )
Hostess Brands, the company behind Twinkies and Zingers, is considering a potential sale amid interest from food industry giants, according to a report by Reuters.
( 32
min )
Negotiations are ongoing to settle the largest mass tort in U.S. history with more than 300,000 claims.
( 27
min )
(Bloomberg) -- China’s economy was meant to drive a third of global economic growth this year, so its dramatic slowdown in recent months is sounding alarm bells across the world. Most Read from BloombergMarkets Brace for Swings After High-Rates Mantra of Jackson HoleThree US Marines Killed After Osprey Crash in AustraliaChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketTrump Doesn’t Look So Invincible in Post-Debate PollsPowell Has Bond Traders Right Where He Wants Them: Full of DoubtPoli
( 34
min )
(Bloomberg) -- The world’s top central bankers stressed the need to keep interest rates high until inflation is contained — and wrestled with deeper economic shifts that will make their jobs harder.Most Read from BloombergThree US Marines Killed After Osprey Crash in AustraliaMarkets Brace for Swings After High-Rates Mantra of Jackson HoleChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketPowell Has Bond Traders Right Where He Wants Them: Full of DoubtTrump Doesn’t Look So Invincible in Po
( 34
min )
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Target-date funds may seem like an obvious choice but they have some drawbacks compared to S&P 500 Index funds.
( 23
min )
De schatkist van de overheid had eind 2022 een tekort van 'nog maar' 1,4 miljard euro. Door economische groei en het einde van coronasteunmaatregelen klimt de overheid uit een financieel dal.
( 4
min )
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